Worcester's Comprehensive Annual Financial Reports provide reasonable assurance that the financial statements of the City for the fiscal year (which ends June 30th) are free of material misstatement. The independent audit involves examining, on a test basis, evidence supporting the amounts and disclosures in the basic financial statements; assessing the accounting principles used and significant estimates made by management; and evaluating the overall financial statement presentation.
Below you will find the most recent Comprehensive Annual Financial Report, along with CAFRs from previous years as a review:
