Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Audit topic
No spam. Unsubscribe anytime.
Town auditor warns of FY2022 documentation and accounting issues; audit due end of month
Summary
An auditor told the Macclesfield board the FY2022 audit should be finished by the end of January and flagged problems including missing historical utility reports from Citipak, payroll documentation gaps, and transaction dates changed during the FMS migration.
Mayor Michael Speight and the Macclesfield Board of Commissioners heard a status report on the town's FY2022 audit on Jan. 13, 2025. Michael Carey of RH Consulting, who called in, said the audit should be completed by the end of January and outlined several expected findings.
Carey said the town is working with Cherry Bekaert to bring accounting records up to date. He told the board that Citipak could not produce historical utility receivable reports, meaning the utility receivables "cannot be accurately assessed." He also said payroll documentation and approval of time sheets were inadequate during that fiscal year and that some December 2021 payouts made to staff who had walked out should have been processed through payroll rather than accounts payable.
Carey said the town's migration to FMS in September resulted in prior transactions being re-dated to the import date rather than retaining their original transaction dates, complicating historical review. Carey summarized: "There would be — First, with Citipak not able to provide reports with past dates, the utility receivables report cannot be accurately assessed. Second, documentation is an issue in payroll — review/approval of time sheets and checking the pre-register before posting." He added that policies have since been implemented that were not in place during the FY2022 year.
No formal vote was required. The board acknowledged the update and confirmed continued work with Cherry Bekaert on catch-up accounting. The town clerk and administrator were listed as staff participants on the audit coordination; the next reported milestone is a completion target by the end of January 2025.
The auditor's comments were delivered by phone; the board did not discuss specific corrective steps or timelines beyond continuing work with external accountants during the meeting.
