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Pennridge auditor says district will receive clean opinion for 2023–24
Summary
An independent auditor told the Pennridge School District finance committee that Barber King Thornton intends to issue unmodified (clean) opinions on the district's financial statements for the 2023–24 fiscal year and reported no material weaknesses or single‑audit compliance findings for major federal programs.
The Pennridge School District's independent auditor said the firm expects to issue unmodified, or "clean," audit opinions on the district's financial statements for the year ended June 30, 2024.
Tim Sawyer of Barber King Thornton told the district's Finance Committee on March 10 that the audit fieldwork began in October and has run through March. "We are prepared to issue unmodified or clean audit opinions on your opinion units," Sawyer said, referring to governmental and business‑type activities, major funds and the Schedule of Expenditures of Federal Awards.
Sawyer told the committee that expanded testing of expenditures uncovered no issues with internal controls and that the firm did not…
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