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Auditor acknowledges error in fiscal audit; correction to be made
Summary
Chavan & Associates presented the 2023–24 fiscal audit. A tabulation error in Table 5 (capital assets) was identified by Board Member Susan Alvaro; the auditor acknowledged the mistake and committed to correcting it.
Sheldon Chavan, CPA and partner at Chavan & Associates, presented the San Mateo County Office of Education’s 2023–24 fiscal audit. The presentation covered routine audit findings and financial statements for the fiscal year.
Board Member Susan Alvaro flagged a discrepancy in the discussion and analysis — Table 5 showed a change listed as 100 percent where it should read 10 percent. Mr. Chavan "acknowledged the error and assured it would be corrected," according to the meeting record. The Board had no further formal action at this meeting beyond noting the correction would be made.
Minette Manio, Executive Director, Internal Business Services, introduced the presenter and will work with the audit firm to ensure the corrected table is included in final materials.
