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Louisburg auditor: 2022 audit delayed by missing journal entries, staffing and recordkeeping gaps; draft expected within a month
Summary
An external auditor told the Louisburg Town Council that missing journal entries from 2022, incomplete capital-asset records and payroll documentation have delayed the town's audit but that a draft report may be ready within roughly a month.
At a Louisburg Town Council meeting, the town's external auditor said the town's 2022 audit has been delayed by missing journal entries, incomplete capital-asset records and payroll documentation, but that a draft report could be available within about a month.
The auditor said the firm found no evidence of fraud or illegal acts. "There has been no fraud or illegal acts," the auditor said. He detailed several factors that extended the audit timeline, including journal entries for the 2022…
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