In accordance with State law, the Board of Supervisors contracts for an annual audit of the County. A request for proposals is processed which results in a contract awarded for multiple years to an independent accounting firm.
The external firm audits the CAFR with some assistance from General Government and Schools Internal Audit to help control the cost of the work. The Auditor’s Report is presented through the County’s Audit Committee to the Board of Supervisors in November of each year for the preceding County fiscal year.
The County is required to undergo an annual single audit in conformity with the provisions of the Single Audit Act Amendments of 1996 and U.S. Office of Management and Budget’s Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Additionally, the County is required to undergo an audit of compliance with certain state requirements outlined in the Specifications for Audits of Counties, Cities, and Towns issued by the Auditor of Public Accounts of the Commonwealth of Virginia. Information related to the single audit and evaluation of state compliance, including any findings and recommendations, and auditors’ reports on the internal controls structure and compliance with laws and regulations, is contained in a report which is available from the Director of Finance.