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BDO outlines compressed FY2024 audit timeline, flags management‑override and grant risks
Summary
BDO partner Joy Mariner presented a compressed FY2024 audit plan on Oct. 30, aiming to issue the municipality’s financial statements by March and to start standalones in November.
BDO partner Joy Mariner presented the FY2024 audit plan to the Anchorage Municipality Municipal Audit Committee on Oct. 30, saying auditors ‘‘are trying to kinda compress’’ the usual seven‑to‑eight month audit into approximately five to six months with a goal of issuing financial statements by March.
Mariner said interim fieldwork was nearing completion and that BDO plans to begin standalone audits for Anchorage Water & Wastewater (AWU), solid waste, the Port, and Civic entities in November. The auditors intend to perform centralized payroll, cash and investments and related…
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