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Canton Township board accepts 2024 audit; auditors issue unmodified opinion with GASB 101 note
Summary
Plant Moran delivered an unmodified opinion on Canton Township's 2024 annual comprehensive financial report; auditors noted implementation of GASB Statement 101. The board voted to receive and place the report on file.
The Canton Township Board of Trustees voted to receive and place on file the township's 2024 Annual Comprehensive Financial Report after auditors from Plant Moran presented their findings.
Plant Moran audit partner Dave Halacek told the board the firm issued an unmodified opinion on the statements for the year ended Dec. 31, 2024, and included an emphasis-of-matter noting the township's implementation of GASB Statement 101 related to compensated absences. "The opinion is an unmodified opinion, which is the highest level of assurance that we can give...these statements as presented fairly reflect the financial position of the township as of December 31, 2024,"…
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