City of Cape Girardeau Fiscal Year 14-15 Audit Report Available Online Now

The City’s audit report for the fiscal year that ended on June 30, 2015 can be found on the City’s website at cityofcape.org/finance. The audit was completed by Beussink, Hey, Roe and Stroder, L.L.C.
The auditors issued an unqualified opinion on our financial statements. An unqualified opinion is an independent auditor’s judgment that an organization’s financial records and statements are fairly and appropriately presented, and in accordance with Generally Accepted Accounting Principles (GAAP). An unqualified opinion is the best of the types of auditor’s reports.
This year’s audit included one financial statement finding and no federal award findings.
Details of the financial statement finding and City’s planned corrective action are found on pages 134-136 of the audit. The management discussion and analysis section of the audit can be found on pages 4-20. This provides an overall review of the City’s financial activities during the year.