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McGregor audit: Brooks Watson issues unmodified opinion on fiscal 2025 ACFR
Summary
Auditors presented the City of McGregor's Annual Comprehensive Financial Report for the fiscal year ended Sept. 30, 2025, and issued an unmodified ("clean") opinion; council voted to accept the report following a brief presentation and no substantive questions.
Auditors from Brooks Watson & Company presented the City of McGregor's Annual Comprehensive Financial Report (ACFR) for the fiscal year ended Sept. 30, 2025, and told the council their firm issued an unmodified ("clean") opinion.
The presenter described the audit process — assessment, a risk-based approach to testing, compliance review of grants and Public Funds Investment Act requirements, field work and reporting — and provided a walk-through of report components including management's discussion and analysis, financial statements…
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