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Presnell Gage gives Moscow unmodified opinion on FY2024 financial report; council accepts audit
Summary
Presnell Gage auditor Nick Nicholson presented the City of Moscow’s FY2024 Annual Comprehensive Financial Report on March 3, 2025, issuing unmodified opinions and noting the Single Audit covered COVID SLFRF funds; the council voted to accept the report unanimously.
Nick Nicholson, an auditor with Presnell Gage, presented the City of Moscow’s FY2024 Annual Comprehensive Financial Report to the city council on March 3, 2025, and reported unmodified (clean) audit opinions and no findings.
Nicholson explained the audit process and said the audit included three standard opinions — fairness of financial statement presentation, internal controls, and compliance over federal awards. He told council the city’s FY2024 report received unmodified opinions and that the single-audit review covered the city’s COVID State and Local Fiscal Recovery Funds (SLFRF), which exceeded the federal threshold and…
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