State single audit delayed; auditors flag financial‑statement and controllers' office weaknesses
Contract auditors reported the FY2023 single audit months late, citing repeated trial-balance revisions and widespread accounting adjustments; they warned the controllers' office must strengthen reconciliations, analytical close procedures and staffing to restore timely, reliable statewide financial reporting.
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Contract auditors and Legislature staff briefed the Audit Subcommittee on the statewide FY2023 single audit, which was issued well past the statutory deadline after multiple revised trial balances and 22 audit adjustments.
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