Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Audit Finance topic
No spam. Unsubscribe anytime.
Independent auditors give Henderson County schools an unmodified opinion, note one significant deficiency
Summary
Auditors presented the district audit and reported an overall unmodified opinion; they identified a single significant deficiency tied to the government‑wide financial statements (construction in progress adjustments) and provided a corrective action plan.
Independent auditors presented the 2023‑24 audit to the Henderson County Board of Education on Jan. 21 and reported an overall unmodified opinion for the district’s financial statements, while identifying one significant deficiency related to government‑wide financial statement preparation.
An auditor who participated remotely said, “Everything with a number in it, it basically says unmodified, which means it's good.” The auditor explained the lone significant deficiency concerned an adjustment needed in the government‑wide statements for construction in progress — a matter the auditors attributed to non‑attest services performed in preparing portions of the government‑wide financials.
The auditors said federal program testing (uniform guidance) produced no material weaknesses or compliance findings. The audit team told the board a corrective action plan addressing the construction in progress reporting would be included in the audit documents.
District finance staff told the board they review construction balances monthly and are confident the issue reflected presentation and reconciliations between different auditors rather than evidence of misappropriation or improper transactions.
Board members acknowledged the report and asked that the record reflect the board’s review of the audit; the auditors invited questions and offered ongoing support during the fiscal year.
No formal corrective actions beyond the audit’s required corrective action plan were recorded on the agenda.
