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Independent auditor reports clean KMAG opinion, recommends stronger journal-entry documentation

Hiawatha School Board · December 9, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Lehi/Barney & Associates lead auditor Jessica Linsley told the Hiawatha School Board the district’s 06/30/24 financial statements received a clean opinion on the Kansas Municipal Audit and Accounting Guide (KMAG) basis, with no audit adjustments or findings; the audit includes a recommendation to retain supporting documentation for journal entries.

Jessica Linsley, lead auditor with Lehi/Barney & Associates, told the Hiawatha School Board that the district’s financial statements for the year ending June 30, 2024, received a clean opinion on the district’s KMAG (Kansas Municipal Audit and Accounting Guide) basis and that auditors found no audit adjustments, findings, material weaknesses or significant deficiencies. “It was a clean opinion,” Linsley said during the presentation.

The audit team noted that because the district reports under…

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