At what point does the auditor have an obligation to review the audit reports that have been previously issued and issue corrections -- or withdraw its statements as to their accuracy?
The credit card charges aren't material by themselves, but I wonder whether the combination of this and other budgeting and reporting errors create questio…
At what point does the auditor have an obligation to review the audit reports that have been previously issued and issue corrections -- or withdraw its statements as to their accuracy?
The credit card charges aren't material by themselves, but I wonder whether the combination of this and other budgeting and reporting errors create questions as to whether the district has complied with state-mandated generally accepted government accounting principles.
(Of course, the Board should be asking an auditor to conduct a full audit of its accounting practices.)
At what point does the auditor have an obligation to review the audit reports that have been previously issued and issue corrections -- or withdraw its statements as to their accuracy?
The credit card charges aren't material by themselves, but I wonder whether the combination of this and other budgeting and reporting errors create questions as to whether the district has complied with state-mandated generally accepted government accounting principles.
(Of course, the Board should be asking an auditor to conduct a full audit of its accounting practices.)
I just FOIA'ed a copy of the audit reports from Baker-Tilly this morning. Give me 2 weeks on this!