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External auditors issue clean opinion on Muscatine Community School District's FY24 financial statements; federal programs audited with no findings
Summary
Bonesack & Frommelt presented the fiscal year 2024 audit summary at the Jan. 13 meeting, reporting an unmodified (clean) opinion on financial statements, no findings in internal control testing under government auditing standards, and no findings in federal single-audit testing for Title I and ESSER programs.
Bonesack & Frommelt auditor Mia Frommelt presented a summary of the Muscatine Community School District's fiscal year 2024 financial audit at the Jan. 13 board meeting.
Frommelt said the audit included three deliverables: (1) the comprehensive bound financial statements, (2) a board communication letter and (3) a controls/efficiency letter. The audit encompassed a financial statement audit, a government auditing standards audit (internal controls and compliance), and a…
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