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Audit for fiscal 2023 delayed; auditors report substantial progress and no evidence of misconduct
Summary
The district's fiscal year 2023 audit remained incomplete on July 22. The external auditor told staff work was substantially complete but some open items — including review of prior-year records — were adding time; district staff said they did not expect adverse audit adjustments or evidence of impropriety.
District finance staff provided an update July 22 on the delayed fiscal year 2023 audit. The external audit team from RSM told the district it had completed initial audit testing and draft financial statements but remained reconciling open items created by full-review comments and follow-up questions.
Adam read a statement from the RSM audit team saying audit work was substantially progressed: "The audit team has finished first reviews of the draft financial report, prepared draft communications summarizing the result of our audit, and…
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