Auditor’s Reports

 

What is the proper format for the opinion on audits of School Activity Funds?

Because of the nature of School Activity Fund reporting, as prescribed in the Tennessee Internal School Uniform Accounting Policy Manual, certain required financial presentations are not made. As a result, the auditor’s opinion on the financial statements must be modified. For additional information, please review the following documents disseminated by the Division of Municipal Audit in March 2007.

 

	Sample Opinion (modified 10-24-07)
	Memo Re Change in School Reporting