Harrisville accepts FY2024 audit after auditors note 36 journal adjustments and an internal-control finding

HARRISVILLE — Harrisville City Council voted unanimously to accept the fiscal year 2024 independent audit after the city’s auditor said the financial statements required about 36 journal entries and one internal-control finding.

The auditor, Rob, told the council the firm issued an unmodified opinion after making adjustments to the statements and that the adjustments did not leave material misstatements. "In a nutshell, we gave you an unmodified opinion," Rob said. He added that the audit required roughly "36 journal entries that need to be done for your financial statements." The council then moved and voted to accept the audit.

The auditor highlighted several notable items in his presentation. He said the city issued two bonds in the last two years, $6,000,000 for a public works building and $9,000,000 for a new city hall, and that construction-in-progress increased the city's capital…