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North Logan audit committee reviews FY2025 audit, cites documentation and training gaps
Summary
The North Logan Local Audit Committee reviewed the FY2025 audit on Feb. 12, 2026, noting the city lacked sufficient documentation for its fraud risk assessment and that at least one member of management must complete 40 hours of continuing professional education by June 30, 2026; committee set a July follow-up meeting.
The North Logan Local Audit Committee reviewed the city's FY2025 audit and financial statement at a meeting on Feb. 12, 2026. Scott Bennett called the session to order at 10:05 a.m.; committee members present were Kenny Reese and Debbie Bond. Mayor Lyndsay Peterson and Alan Luce were listed as attendees.
The committee discussed one audit finding that the city "was unable to provide sufficient documentation to support its risk assessment" related to fraud risk. The Annual Audit Report also listed two primary issues: the historical lack of a formal audit committee (which the report noted has since been resolved by Resolution 25-23 on Oct. 8, 2025) and a requirement that at least one member of the management team receive 40 hours of formal training in accounting, budgeting, or another financial area.
Committee members recorded that 22 hours of continuing professional education (CPE) have been documented so far and that "18+ CPE" hours remain to be obtained before the fiscal year ends on June 30, 2026. The committee emphasized strengthening oversight and internal controls and noted that the annual audit is typically conducted about three months after the fiscal year end. Members also clarified that the Audit Committee should include at least three members: one City Council representative, the City Treasurer, and the City Finance Officer.
No additional compliance issues or risk concerns were identified during the meeting. The committee scheduled a follow-up meeting in July 2026 to review issues ahead of fiscal year close and the Annual Audit. Scott Bennett adjourned the meeting at 10:15 a.m.
