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District auditor reports likely clean FY25 opinion; final compliance report delayed by OMB guidance
Summary
Barbicking Thornton’s audit manager Alex Frank told the finance committee auditors expect an unmodified opinion for fiscal 2025 with no significant deficiencies; issuance of a final compliance report is pending an OMB compliance-supplement delay, and the committee agreed to recommend board approval of the draft audit Dec. 2.
Alex Frank, audit manager with Barbicking Thornton, told the Springfield Township SD finance committee on Nov. 19 that auditors expect to issue an unmodified (clean) opinion on the district’s fiscal 2025 financial statements and found no significant deficiencies or material weaknesses during testing.
Frank said the firm conducted standard risk-based procedures, including inquiries of staff and board members, analytics and substantive testing, and sample-based internal-control testing. "For fiscal year 25, we as of now . . . have an unmodified or clean audit opinion on all reports in the audit as well as no significant deficiencies or material weaknesses in internal controls…
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