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External auditors report $4.114 million grant accounting error and flag procurement weaknesses in clerk's office
Summary
Baker Tilly presented an unmodified opinion on DuPage County's FY2024 financial statements but identified a $4,114,000 material adjustment to grant accounting and raised procurement/internal-control concerns tied to the county clerk's office; the finance committee said it will explore options including a forensic audit.
Baker Tilly presented the county's fiscal year 2024 audited financial statements to the DuPage County Finance Committee on Aug. 12, 2025, issuing an unmodified opinion while also identifying a $4,114,000 material audit adjustment tied to grant receivables and noting weaknesses in procurement controls in the clerk's office. The auditor said the adjustment involved an overstatement of revenue and an understatement of expense related to grant receivables; Baker Tilly also reported an internal-control finding connected to loans receivable and included management's response in its reporting and insights letter. The firm completed the single-audit of federal awards and reported other nonfinancial items required by auditing standards. Why it matters: the audit identifies an adjustment large enough to be reported as material and raises procurement control…
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