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Independent auditors give Indio—s 2023–24 financial statements an unmodified opinion
Summary
The city—s external auditors issued unmodified opinions on the City of Indio—s FY 2023–24 financial statements and related component units audited; auditors reported no uncorrected misstatements and described implementation of new GASB guidance during the audit.
The City of Indio presented its FY 2023–24 independent audit to the council. Frances Kuo, engagement partner for the audit firm, told the council the audit resulted in unmodified (clean) opinions on the city—s financial statements and on the audited component units and special revenue funds included in the engagement.
Key points from the audit presentation
- Scope: audit…
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