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Audit partner says town will receive clean opinions; council votes to accept FY audit
Summary
Audit partner Rachel Ormsby told the council the draft fiscal-year audit showed no material weaknesses and the auditors were prepared to issue clean opinions; the council then moved and approved acceptance of the independent audit and single-audit reports for the year ending Sept. 30, 2024.
The Little Elm Town Council accepted the town's independent audit report for the fiscal year ending Sept. 30, 2024, following a presentation from the town's external audit partner.
Rachel Ormsby, the audit partner, told the council the audit team conducted standard testing including internal-control and grant compliance work and did not identify material weaknesses or significant deficiencies. She said the draft had completed quality control and review and the firm…
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