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Town auditor issues clean opinion but flags recurring ledger reconciling weaknesses
Summary
Mahoney Sable issued an unmodified opinion on Andover’s fiscal 2024 financial statements but reported repeated and new internal-control deficiencies related to reconciliations between the town and the school district and interfund/bank reconciliations; the auditor recommended procedural changes and filing corrective action with OPM.
Michael Van Deventer, a partner at Mahoney Sable and Company, told the Andover Board of Finance on June 25 that the firm issued “unmodified clean opinions” on the town’s fiscal year 2024 financial statements.
Van Deventer said the audit was performed in accordance with AICPA and Government Accountability Office standards and included federal and state single-audits and agreed-upon procedures on school-year reports filed with the Connecticut State Department of Education. He said the firm also provided non-audit services, such as assistance preparing the financial statements, and that Cheryl, the town treasurer, “has accepted responsibility for those non audit services.”
The auditor said the reports show reasonable assurance the statements are free of…
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