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New Canaan council approves PKF O'Connor Davies as independent auditor after public concern about independence
Summary
The Town Council unanimously approved engaging PKF O'Connor Davies to perform the annual audit for the year ending June 30, 2025, after a public speaker raised concerns about audit independence and related-party disclosures. Staff said the firm was chosen through a competitive bid and vetted by the audit committee.
The New Canaan Town Council voted unanimously to engage PKF O'Connor Davies as the town's independent accounting firm for the annual audit for the year ended June 30, 2025, with a base fee of $113,450. The motion passed after a period of public comment in which a speaker faulted the town's prior audits and questioned auditor independence and related‑party disclosures.
Why it matters: The audit contract sets who reviews the town's financial controls and statements. Concerns about auditor independence and related‑party transactions, if left unaddressed, can affect public trust and the town's financial oversight.
A resident who identified himself as Roy criticized the town's incumbent auditors during public…
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