2023 Audit Opinions & Disclosure Guidance

To assist employers with financial reporting, VRS is providing GASB schedules and corresponding opinions issued by the state auditor's office. In addition, VRS has developed sample journal entries and sample note disclosures for employers' reference for other post-employment benefits.

Report on Management's Assertions

Note Reports, sample journal entries, note disclosures and other documents are for the measurement period ended June 30, 2022, unless otherwise noted.

Health Insurance Credit (HIC)

Download reports, sample journal entries, note disclosures and other documents for the Health Insurance Credit (HIC).

Sample Journal Entries

Sample Note Disclosures

Analysis of Changes in Net OPEB Liability

Covered Payroll & Contributions

GASB 75 Reports With Audit Opinions

Group Life Insurance (GLI)

Download reports, sample journal entries, note disclosures and other documents for Group Life Insurance (GLI).

Sample Journal Entries

Sample Note Disclosures

Analysis of Changes in Net OPEB Liability

Covered Payroll & Contributions

GASB 75 Reports With Audit Opinions

Line of Duty Act (LODA)

Download reports, sample journal entries, note disclosures and other documents for the Line of Duty Act (LODA).

Sample Journal Entries

Sample Note Disclosures

Analysis of Changes in Net OPEB Liability and Due Within One Year

Covered Participants & Contributions

GASB 75 Reports With Audit Opinions

Virginia Local Disability Program (VLDP)

Download reports, sample journal entries, note disclosures and other documents for the Virginia Local Disability Program (VLDP).

Sample Journal Entries

Sample Note Disclosures

Analysis of Changes in Net OPEB Liability

Covered Payroll & Contributions

Virginia Sickness & Disability Program (VSDP)

Download reports, sample journal entries, note disclosures and other documents for the Virginia Sickness & Disability Program (VSDP).

Sample Journal Entries

Sample Note Disclosures

Analysis of Changes in Net OPEB Liability

Covered Payroll & Contributions

GASB 75 Reports With Audit Opinions