Clark County - File #: 21-126

• File #: 21-126
• Status: Agenda Ready
• File created: 1/20/2021
• In control: Clark County Board of Commissioners
• On agenda: 2/2/2021
• Title: Receive and accept the audit report for the fiscal year 2020 prepared by the accounting firm of Crowe LLP pertaining to Clark County. (For possible action)

Date	Action By	Action	Result
2/2/2021	Clark County Board of Commissioners	Approved as Recommended; Agenda note: SPEAKER(S): Present (via Zoom) DISCUSSION: Clark County Comptroller Anna Danchick introduced Kathy Lye, audit partner of the external audit firm Crowe LLP, who made a presentation via Zoom to the Board regarding the Clark County fiscal year 2020 audit report; stated that Crowe LLP had issued an unmodified opinion that the financial statements were fairly stated per Generally Accepted Accounting Principles (GAAP) which was a positive assessment; that no reportable significant deficiencies or material weaknesses in internal controls were identified; and expressed appreciation to County management and staff for the hard work expended during the preparation of the comprehensive annual financial report.	Pass

CLARK COUNTY BOARD OF COMMISSIONERS

AGENDA ITEM

Petitioner:

Anna Danchik, Comptroller

Recommendation: 

title

Receive and accept the audit report for the fiscal year 2020 prepared by the accounting firm of Crowe LLP pertaining to Clark County. (For possible action)

body

FISCAL IMPACT:

Fund #:	N/A	Fund Name:	N/A
Fund Center:	N/A	Funded PGM/Grant:	N/A
Amount:	N/A
Description:	N/A
Additional Comments:	N/A

BACKGROUND: 

NRS 354.624 (1) requires that the annual audit of all findings of a local government be submitted to the governing body within five months after the close of the fiscal year or within the time period granted by the Nevada Department of Taxation.

The Nevada Revised Statute also requires that the recommendation and the summary of the narrative comments contained in the audit report be read in full at a meeting of the governing body held not more than 30 days after the report is submitted.  Accordingly, this requirement will be addressed during the Board of County Commissioners’ regular meeting held on February 2, 2021.  Following this procedure, the report will be filed as a public record with the Clerk, the County Manager’s Office, and the State Department of Taxation.

The accounting firm of Crowe LLP, Clark County’s external auditors, will be present at the meeting to summarize the comments and address questions relative to the audit report.