The Annual Comprehensive Financial Report (ACFR) for the year ending December 31, 2021 has been completed. This document includes the City of Brighton’s audited financial statements, and the audit resulted in no findings or areas of concern with no proposed adjustments. The city’s financial statements, which include all funds under the control of City Council as well as the financial statements of component units, have been audited by Haynie & Company, a firm of licensed certified public accountants. The independent auditor concluded that based upon the audit evidence obtained, there was a reasonable basis for rendering an unmodified opinion that the city’s financial statements for the 2021 fiscal year are fairly presented in conformity with accounting principles generally accepted in the United States of America (US GAAP).
“The positive audit results are a reflection of the effectiveness of the city's internal controls over financial reporting and the Finance Department's skill in managing and recording the city's complex financial transactions,” said Catrina Asher, Finance Director for the City of Brighton.
The city charter and state law require an annual audit be completed by independent certified public accountants selected by the City Council. The goal of the independent audit was to provide reasonable assurance that the financial statements of the city for the fiscal year ended December 31, 2021 are free of material misstatements.
To review the entire ACFR for 2021 and past years, click here.