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Auditors tell House committee New Hampshire lacks capacity for six‑month audit deadline
Summary
Municipal auditors and firm partners told the committee the state has too few firms and rising costs to meet a six‑month audited‑report deadline; witnesses recommended moving to a 9‑ to 12‑month window and adding DOE capacity for analysis and technical assistance.
At a public hearing on Senate Bill 586, representatives of New Hampshire audit firms and municipal finance officers told lawmakers current statewide capacity and the practical audit process make a six‑month audited deadline impractical for many districts.
Michael Campo, managing partner at Plaza & Sanderson, described the audit workflow—request lists, fieldwork, drafting financial statements, management review, legal confirmations and rep letters—and argued the…
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