Gilbert Public Schools is on track to receive a “clean opinion” from an audit of its Annual Comprehensive Financial Report for fiscal year 2023-24, signifying compliance with accounting standards.
Jennifer Shields, representing the independent auditing firm Heinfeld Meech, told the GPS Governing Board at its Jan. 21 meeting that the audit, while not complete yet, appears likely to result in an unmodified opinion.
“There were no significant audit adjustments that were required to be reported in order to get these financial statements in this draft format,” Shields said. “We also had no disagreements with management about accounting practices or principles, so no disagreements. … And we had no violations of any of those things (professional standards, ethical responsibilities, independence) on our side in terms of the financial statements.”
