Garfield County has again earned a strong financial review from an independent auditor, which found that the county’s financial recording was conducted with the highest standards. McMahan and Associates, LLC, reported that Garfield County had no violations or conflicts associated in its 2020 comprehensive annual financial report (CAFR).
GARFIELD COUNTY, Colo. – Garfield County scored high marks from an independent auditing firm that was tasked with assessing the county’s financial statements, and noting any potential issues that could arise. Findings from the comprehensive annual financial report (CAFR), were presented to the Board of County Commissioners (BOCC) by Paul Backes, CPA, from McMahan and Associates, L.L.C. He said there were no difficulties found in the Garfield audit, and that his team had no disagreements with management over internal control. Backes said his firm audits numerous counties and municipalities from around Colorado, and takes a “balance sheet approach” to its
GARFIELD COUNTY, CO – An independent audit of Garfield County’s Comprehensive Annual Financial Report (CAFR) found the accounting for 2016 to be in good order and conducted with the highest standards. Paul Backes, CPA, from McMahan and Associates, L.L.C. presented the findings of the CAFR audit to the Board of County Commissioners. He said the firm studies the CAFR, and offers opinions on the financial statements, and points out any issues they may come across. In spite of lower property tax revenues in 2016, Garfield County has retained its strong financial position. According to the CAFR, the county has $467.2