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Oversight panel unanimously adopts 06/30/2022 independent financial audit for CIRM funding
Summary
The Citizens Financial Accountability Oversight Committee voted unanimously May 29 to adopt the 06/30/2022 independent financial audit of the California Institute for Regenerative Medicine (CIRM); the Controller's Office reported a clean audit and its quality-control review found audits met professional standards.
The Citizens Financial Accountability Oversight Committee on May 29 unanimously adopted the independent financial audit for the fiscal year ending June 30, 2022.
Kim Tarvin, division chief in the State Controller's Office audit division, summarized the audit and the Controller’s office quality-control review. Tarvin said the auditors found that the "financial statements were fairly presented in all material respects" and that the audit report contained "no audit findings,"…
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