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Newton County audit: independent auditors issue clean opinion, finances described as strong
Summary
Newton County's independent auditors reported a clean (unmodified) opinion on the county's FY25 financial statements and single-audit compliance report, noting no material weaknesses; auditors highlighted $548M in assets and an ending general fund balance of about $58.2M.
The Newton County Board of Commissioners heard a presentation March 17 from Malden Jenkins auditors, who said they were issuing a clean (unmodified) opinion on the county’s FY25 financial statements and a clean single-audit compliance report.
David Erwin, partner at Malden Jenkins, told the board the audit found no material weaknesses or significant deficiencies in internal controls and that auditors had no disagreements with management. “We are issuing a clean or unmodified opinion on this year’s report,” Erwin said.
Why it matters: a clean opinion is the highest level of assurance an external auditor can give and signals that the county’s financial statements are, in…
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