Financial Statements

Independent Audits are conducted in accordance with auditing standards generally accepted in the United States of America and
the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Town’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Town’s internal control. 

An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

Previous Audits for the Town of Kenneth City:

• FY 2021 Audit
• FY 2020 Audit
• FY 2019 Audit
• FY 2018 Audit
• FY 2017 Audit
• FY 2016 Audit
• FY 2014 Audit
• FY 2013 Audit
• FY 2012 Audit
• FY 2011 Audit

Audited entities are responsible for the completeness and accuracy of electronic audit reports filed with the Auditor General. Click on the image below to open the Kenneth City Page on the State of Florida Auditor General Website.