External auditor outlines FY2026 audit scope and timeline, flags key audit risks
Sherry Amos of Clifton Larsen Allen presented the FY2026 audit scope to the Norfolk City Council, describing a risk-based approach that focuses on management override and revenue recognition and announcing a goal to complete reporting by the state's December 15 deadline; a councilmember pressed for timely completion given past delays.
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Sherry Amos, a principal with Clifton Larsen Allen, told the Norfolk City Council at a work session that the firm's fiscal year 2026 audit will cover the city's financial statements, the Economic Development Authority, the Employees' Retirement System and the school district, with ancillary cash-basis and transmittal reports as required by Commonwealth audit specifications.
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