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Council hears 2023 draft audit; auditors plan clean opinion, council accepts report
Summary
Auditors from Fosse Charles presented the draft 2023 city audit, reporting an unmodified (clean) opinion is planned, no disagreements with management, and two audit-driven correcting entries. The council voted to accept the 2023 audit.
Auditors from Fosse Charles presented the draft 2023 city financial statements and said they plan to issue an unmodified ("clean") opinion on the city's audit, and the City Council voted to accept the 2023 audit.
Eric Furman, a partner at Fosse Charles, told the council the firm is responsible for giving an opinion on the statements while management is responsible for preparing them. "We plan to issue an unmodified opinion or a clean opinion on the 2023 city financial statements," Furman said during the presentation.
The auditors noted the new…
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