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Audit committee targets Dec. 3 to finalize town ACFR; minutes approved
Summary
The New Canaan Audit Committee was told the draft ACFR is nearly complete if town capital assets and the BOE’s compensated-absence figures arrive; members approved minutes and set a Dec. 3 target to finalize the financial statements.
The Audit Committee of the Town of New Canaan reviewed progress on the independent audit of the town’s financial statements and set a target to finalize and recommend the annual comprehensive financial report at its Dec. 3 meeting.
Committee chair (speaker 2) said the audit ‘‘is in progress’’ and that ‘‘an awful lot’s gotta happen’’ before the next meeting. Town staff reported that most schedules and numbers are ready but that capital assets remain outstanding and must be loaded into the…
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