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Solvang council accepts FY 2023–24 audit; auditor issues unmodified opinion
Summary
Auditor Bedawi & Associates presented the City of Solvang’s fiscal year 2023–24 financial audit and the council voted 4-0 to accept the audit, which included an unmodified opinion and no material weaknesses in internal control.
The Solvang City Council voted Jan. 27 to accept the fiscal year 2023–24 financial audit for the period July 1, 2023 through June 30, 2024, after a presentation by the city's auditor.
Mitesh, the auditor from Bedawi & Associates, told the council the firm issued an unmodified opinion on the city's financial statements. “We’ve issued an unmodified opinion on these financial statements,” he said, explaining that an unmodified opinion indicates the auditor believes the statements are fairly presented in all material respects. The auditor also reported no material weaknesses in internal control.
Key figures…
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