Cleveland County adopts corrective plan after delayed FY 2024–25 audit filing
County leaders approved a corrective audit response after the FY 2024–25 audit was submitted late and identified three financial-performance issues, including lease-accounting misclassification under GASB 87, delayed reconciliations of bank accounts and the late audit filing. The board approved new reconciliation procedures and independent review.
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The Cleveland County Board of Commissioners unanimously approved the county’s corrective response to findings in the FY 2024–25 audit, county officials said during the May 5 meeting.
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