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Independent audit issues clean opinion; county to address a state compliance finding on fraud‑risk assessment timing
Summary
Auditors issued an unqualified opinion on Iron County’s 2025 financial statements and found no material internal control weaknesses; a state compliance finding noted the county’s fraud‑risk assessment timing and staff committed to completing the assessment in a public meeting.
External auditors from Kimball & Roberts presented the county’s 2025 independent audit and delivered an unqualified (clean) opinion that the financial statements present fairly, in all material respects, the county’s position as of Dec. 31, 2025. Auditors said they found no material weaknesses in internal control during their procedures and noted improved transparency tied to new GASB disclosures.
In their state compliance testing auditors reviewed federal major programs and state audit guide items and reported compliance in all material respects for the tested programs. The report included one state compliance finding: the county did not complete the annual fraud‑risk assessment within the year the assessment covered due to timing misunderstandings. Auditors said this was a common timing issue for many entities and recommended completing the required fraud‑risk assessment in a public meeting and uploading it in the correct reporting year; county staff agreed to do so.
