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Freestone County delays audit filing after posting errors; commissioners approve new audit engagement
Summary
County treasurer reported retroactive posting errors that delayed the FY2024 audit work; commissioners voted to enter an engagement with Davis, Hyman & Company for the FY2025 audit with a not‑to‑exceed fee of $35,000.
Freestone County officials said the county’s books required corrections after posting errors retroactively altered April balances, delaying the completion and submission of the auditors’ report for the prior fiscal year. The treasurer told the court staff identified the posting errors, completed reconciliations through September and were working to finalize September entries before the audit could be filed.
The treasurer said audit‑related posting errors occurred in June and were applied retroactively to earlier months; staff reprocessed April through August and were finishing September reconciliations. Commissioners said the delay explained why the county could not submit its auditors’ report earlier.
Commissioners reviewed an engagement letter from Davis, Hyman & Company to perform the fiscal year 2025 audit. The contract includes a fee increase noted by staff and a not‑to‑exceed amount of $35,000 to cover audit work and follow‑up items related to a software conversion and prior audit findings. A motion to enter the agreement passed.
The court did not provide a detailed vote tally in the meeting record. The treasurer and staff said Davis, Hyman would follow up on prior‑year items as part of the engagement and assist with the county’s accounting conversion.
The court also recorded routine consent items including a motion to accept county reports; that motion carried without a roll‑call tally in the excerpt provided.
