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External auditors give ATP an unmodified opinion on FY2025 financial statements
Summary
Crowe LLP issued an unmodified (clean) audit opinion for ATP’s FY2025 financial statements and found no material weaknesses or significant deficiencies; auditors noted immaterial impacts from new GASB standards and discussed readiness steps for federal grant compliance testing.
External auditors reported an unmodified (clean) opinion on the Austin Transit Partnership’s FY2025 financial statements during the board’s April 15 meeting, and did not identify material weaknesses or significant deficiencies in internal control over financial reporting.
Danielle Shriver, senior manager at Crowe LLP, told the board the auditors assessed new accounting standards (GASB 101 and GASB 102) and concluded there was no material impact to ATP’s financial…
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