Navajo County / June 30, 2018 / Annual Financial Related Reports

Annual financial and compliance reports: State and federal laws require Arizona counties to receive annual financial and compliance audits, including audits of federal financial assistance programs, resulting in required annual financial and single audit reports:

• The annual financial report includes the auditors’ opinion on the reported financial information’s reliability. Auditors are also required to report on internal control and compliance over financial reporting, typically included in the single audit report but may be in a separate document. 

• The single audit report includes the auditors’ opinion on compliance with federal program requirements and on the reliability of the federal expenditure schedule. It also includes the auditors’ report on internal control and compliance over federal program requirements and any findings auditors reported.

Our Highlights summarize these reports.

Expenditure limitation report: State laws also require Arizona counties to issue an annual expenditure limitation report examined by auditors. This report includes the auditors’ opinion on the reported information’s reliability and the county’s chief financial officer’s certification of that county’s compliance with the State’s requirements. Once completed, this report will be available here under additional links.