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Staff recommends closing FY2023 audit with disclaimer after system transition left missing closing entries
Summary
Staff and the county auditor told the HLVRA board that a financial-system transition left some closing entries missing; because auditors lack sufficient information, staff recommended closing the FY2023 audit with a disclaimer and addressing adjustments in FY2024.
Staff told the board that the FY2022–FY2023 audit work remains unresolved because the county transitioned financial systems and some final closing entries were not migrated. PricePage (auditor) said there is not enough information to form an opinion for FY2023 and staff presented two options: continue working with the auditor to supply additional documentation or close the audit with an auditor's disclaimer and address entries in the next fiscal year.
County auditor Stephanie Naranek…
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