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District audit finds no material findings; auditors note one timing noncompliance
Summary
External auditors presented the Torrance Unified School District 2023–24 audit, reporting a modified opinion on financial statements but no material findings in state or federal compliance; auditors flagged one noncompliance related to timing that staff say has been remediated.
The Torrance Unified School District’s external auditors reported no material problems in the district’s 2023–24 financial audit and said state and federal compliance testing produced no material findings.
“My name is Ali Hoy from Moss Levy and Hartstein. I’m here to present the 06/30/2024 district audit,” the auditor said, summarizing the firm’s procedures and concluding remarks that…
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