Reports


Commonwealth Savers Plan for the year ended June 30, 2025

Applicable Fiscal Year: 2025

Report Category: Internal Control and Compliance

Organization: Virginia College Savings Plan

Summary

AUDIT SUMMARY

 

We have audited the basic financial statements of the Commonwealth Savers Plan (Commonwealth Savers) as of and for the year ended June 30, 2025, and issued our report thereon, dated November 26, 2025.  Our report, included in Commonwealth Savers’ Annual Report, is available at the Auditor of Public Accounts’ website at www.apa.virginia.gov and at Commonwealth Savers’ website at www.commonwealthsavers.com.

 Our audit found:

  • the financial statements are presented fairly, in all material respects;

 

  • no internal control findings requiring management’s attention;

 

  • no instances of noncompliance or other matters required to be reported under Government Auditing Standards; and

 

  • adequate corrective action with respect to prior audit findings identified as complete in the Findings Summary included in the Appendix.