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External auditor reports clean audit; firm outlines eight‑year rotation limit and on‑site preference
Summary
Stone McGee and Company delivered an unmodified audit opinion and clean compliance findings. The auditor warned the board the firm must rotate after eight consecutive years and urged future bidders to commit to on-site procedures rather than remote scanning.
Mike Stone, of Stone McGee and Company, presented the firm’s audit report to the Silver Consolidated Schools board during the March 31 meeting and said the firm issued an unmodified opinion on both the financial statements and federal compliance tests. "If you've got an unmodified opinion on your financial statements, which is as high as you can get," Stone said.
Stone also told the board there were no comments on the audit report. "There were no comments on the audit report. So, that's, you can thank that lady right there. That's it," he…
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