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Auditors give Creve Coeur an unmodified opinion on FY2024 financial statements

Creve Coeur City Council · December 9, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Sikich principal Victoria Daley told the council the FY2024 audit yielded an unmodified opinion; auditors found no material weaknesses or noncompliance and noted increases in net position and fund balances. The city’s single audit identified ARPA as the major federal program.

Victoria Daley, a principal with Sikich, told the Creve Coeur City Council on Jan. 6 that the firm issued an unmodified opinion on the city’s fiscal year 2024 financial statements, meaning the auditors found the statements to be materially correct and presented in conformity with GAAP.

Daley said the audit did not identify any material weaknesses or significant deficiencies in internal control and that testing found no instances of noncompliance with laws, regulations, contracts or grant agreements. She noted…

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