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Auditor gives county a clean FY2025 opinion; GASB 101 restatement noted
Summary
Robinson Farmer Cox presented a draft FY2025 audit to the Rappahannock County Board, reporting an unmodified (clean) opinion and noting a GASB 101 accounting standard change that required a restatement of beginning balances but did not affect fund balances.
Robinson Farmer Cox auditor Josh Roller told the Rappahannock County Board on Dec. 1 that the firm planned to issue an unmodified opinion on the county’s fiscal year 2025 financial statements and that the draft report contained no material weaknesses or significant deficiencies.
"This is still in draft form," Roller said, but he emphasized that RFC had found no difficulties in performing the audit and no disagreements with management. He told the board a new GASB…
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