2016 Financial Statement Audit

This is an audit of the NEA's balance sheets as of September 30, 2015 and 2014, and the related statements of net cost, changes in net position, and budgetary resources (financial statements) for the years then ended, and the related notes to the financial statements. The objective of the audit was to express an opinion on the fair representation of those financial statements. Additionally, the audit considered the NEA's internal control over financial reporting that could have a direct and material effect on its financial statements, but did not express an opinion on the effectiveness of internal control. The audit resulted in a clean opinion, with two significant deficiencies and 12 recommendations.