Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Independent auditors give Warwick an unmodified FY2024 opinion but flag school reporting weaknesses
Summary
CliftonLarsonAllen presented an unmodified opinion on Warwick's FY2024 financial statements and federal awards but identified a material weakness in school department reconciliations and reporting plus two significant federal compliance deficiencies; auditors also outlined upcoming GASB changes.
CliftonLarsonAllen (CLA) presented the City of Warwick's fiscal‑year 2024 audit to the council, reporting an unmodified (clean) opinion on the city's financial statements and unmodified opinions on federal awards while noting internal control issues at the school department.
Jennifer Cook, signing director for CLA, told the council the auditors issued a clean opinion on the city and federal award statements but identified one…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
