Skip to main content

Annual Comprehensive Financial Report (ACFR)

Our primary financial audit is the audit of the State’s Annual Comprehensive Financial Report (ACFR). We contract out the bulk of this work to an independent CPA firm who expresses an opinion on and provides reasonable assurance that the financial information presented in this report is free of material misstatement. In this audit, the State's compliance with certain provision of laws and regulations as well as the internal control structure put in place by state management are also tested.