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Auditors issue clean opinion for Sweet Home’s 2023 financials but flag two material weaknesses; 2024 audit targeted for early 2026
Summary
REDW auditor Ryan Pasquerella told the Sweet Home City Council the fiscal‑year 2023 financial statements received an unmodified opinion but included two material‑weakness findings—timeliness/compliance and account‑reconciliation problems—and staff will submit a plan of action and aim to complete the 2024 audit by spring 2026.
Ryan Pasquerella of REDW told the Sweet Home City Council that the city’s financial statements for the year ending June 30, 2023, were issued with an unmodified (clean) opinion dated Oct. 31.
Pasquerella said auditors provide "reasonable assurance" against material misstatement and emphasized that the clean opinion does not mean every line item is proven exact. "My job as an auditor is to give reasonable assurance there are no material errors in the financial statements," he said.
The audit report included two findings, both classified as material weaknesses. The first involved timing and budget compliance: the city’s financial…
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