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City auditor reports no material weaknesses, flags timing and control items
Summary
Sikich presented the City of Bridgeton's 2024 audit to the council, giving an unmodified opinion while noting recommendations on timeliness of internal reports, escrow handling, journal-entry segregation, and GASB 101 implementation for sick time.
Sikich auditor Steve Trippie told the Bridgeton City Council on Sept. 3 that the firm issued an unmodified opinion on the city's 2024 financial statements but identified recurring control and reporting items that need attention. "We did not have any significant deficiencies or material weakness related to the controls at the city of Bridgeton," Trippie said. Trippie said auditors recorded several correcting adjustments in this year's statements, including recognition of certain software technology arrangement contracts, additional long-term pension and…
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