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Chattanooga IDB ratifies management representation letter after auditors report clean opinion
Summary
The Industrial Development Board ratified a management representation letter after auditors delivered a clean opinion for the fiscal year ending 06/30/2025, reporting no findings, no internal control issues and no compliance concerns.
The Industrial Development Board of the City of Chattanooga unanimously ratified a management representation letter after hearing a clean audit for the fiscal year ending June 30, 2025.
Auditor Garrett Williams of HHM told the board the firm issued “a clean opinion, which is the best opinion you can have,” and reported no significant deficiencies, material weaknesses, uncorrected misstatements or indications of fraud.…
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