HomeMy WebLinkAboutCity of Virginia Beach Audit Executive SummaryCITY OF VIRGINIA BEACH
Audit Executive Summary
December 9, 2025
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Results of the Audit
Financial Statements:
We have audited the financial statements of City of Virginia Beach (the “City”), as of and for the year ended June 30, 2025,
and we have issued an unmodified opinion on the financial statements in our report thereon dated December 4, 2025.
Government Auditing Standards (“GAS”) and the Commonwealth of Virginia’s Auditor of Public Accounts (“APA”)
Specifications for Audits of Counties, Cities, and Towns:
We identified no instances of noncompliance required to be reported under GAS or the APA Specifications.
We identified no material weaknesses in internal control over financial reporting.
Uniform Guidance:
The Single Audit is in process. The OMB Compliance Supplement was issued at the end of November, which has delayed
the completion of the Single Audit.
We will issue a report on compliance for each major federal program. In that report we will report on internal control over
compliance in accordance with the Uniform Guidance.
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Other Required Communications
Difficulties
Encountered
Disagreements
with Management
Auditor
Consultations
Management
Representations
Management
Consultations
Other Findings
or Issues
Fraud and
Illegal Acts
Going
Concern
cbh.com
About Cherry Bekaert
“Cherry Bekaert” is the brand name under which Cherry Bekaert LLP and Cherry Bekaert Advisory LLC, independently owned entities, provide
professional services in an alternative practice structure in accordance with applicable professional standards. Cherry Bekaert LLP is a licensed
CPA firm that provides attest services, and Cherry Bekaert Advisory LLC and its subsidiary entities provide tax and advisory services. For more
details, visit cbh.com/disclosure.
This material has been prepared for general informational purposes only and is not intended to be relied upon as tax, accounting, or other
professional advice. Before taking any action, you should consult a professional advisor familiar with your particular facts and circumstances.
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Laura Harden, CPA
Audit Director
lharden@cbh.com
Contacts
Questions
Shelby Brown, CPA
Audit Manager
shelby.brown@cbh.com