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Select Board told town accountant is reconciling 2024 cash accounts; officials cautioned to delay major financial decisions
Summary
A contracted CPA reported he is reconciling the town's 2024 cash accounts and identified significant adjustments needed; the board was urged not to rely on BMSI financial reports for major decisions until entries are corrected.
Brentwood, N.H. — The Select Board was told on June 17 that the contracted CPA has reviewed nine months of cash-account activity for 2024 and identified numerous adjustments that must be entered before financial reports can be relied upon for significant decisions.
The town's administrative update said the CPA had spent hours reconciling transactions and expected the audit work to ramp up. The memo cautioned: "I caution the usage of any financial reports from the BMSI system for any significant decision making until the necessary…
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