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External auditors issue clean opinion on Miami-Dade Schools' FY2025 financials; uncorrected prior-year item noted
Summary
RSM presented an unmodified (clean) opinion on the district's FY2025 annual comprehensive financial report, noting adoption of GASB 101 required a restatement and auditors reported an uncorrected prior-year misstatement tied to a charter-school settlement that has since been recorded in the current year.
Brett Friedman, partner with RSM, presented the district's annual comprehensive financial report for the fiscal year ended June 30, 2025, and told the Audit and Budget Advisory Committee that RSM issued unmodified (clean) opinions on governmental activities and each major fund.
Friedman said the audit was conducted in accordance with generally accepted auditing standards and government auditing standards. He highlighted that implementation of GASB Statement 101 changed…
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