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Yancey County approves Gould Killian audit contract for fiscal year ending June 30, 2026
Summary
Commissioners unanimously approved an audit engagement with Gould Killian CPA Group to audit Yancey County's FY 2025-26 financial statements, with the firm projecting to begin work in June 2026 and issue reports by Dec. 31, 2026; fee figures appear in the contract and LGC forms in the meeting packet.
On June 1, 2026, the Yancey County Board of Commissioners approved a contract with Gould Killian CPA Group, P.A. to audit the county’s financial statements for the fiscal year ending June 30, 2026.
County Finance Officer Brandi Burleson presented the engagement letter and contract materials from Gould Killian. The engagement letter describes the scope — auditing governmental activities, major funds and supplementary information in accordance with generally accepted auditing standards, Government Auditing Standards and, if applicable, the Uniform Guidance for Single Audits. The letter names Travis S. Keever as the engagement partner and indicates the firm expects to begin fieldwork in June 2026 and issue reports no later than Dec. 31, 2026.
Commissioner Mark Ledford made the motion to approve the contract; Commissioner Sandi Norton seconded. The board voted unanimously to approve the engagement.
The contract documents in the meeting packet include multiple fee figures. The engagement letter lists expected charges of $44,900 for the financial statement audit, $8,000 for financial statement preparation and $22,500 for the Single Audit compliance portion (summary lines total $75,400 in the letter). Separate LGC contract forms in the packet list an audit fee of $67,400 (including one major program) and a total "not to exceed" amount of $106,900. These differing line items appear in the documents provided to the board; the board approved the contract as presented in the packet.
The engagement letter also details the auditor’s responsibilities, required management representations, and timelines for submission to the Local Government Commission. The board did not attach additional conditions to the approval during the meeting; staff will proceed with the engagement and coordinate submissions required by state oversight.
