Here's more on the audit situation:
Municipal audits are due within six months of the end of the fiscal year, which is June 30. On Tuesday, Kraft auditors explained why Hendersonville’s 2018 fiscal year audit was turned into the Tennessee Comptroller’s Office four months passed the Dec. 30, 2018 deadline.
Auditors attributed the problem to an extended vacancy in the assistant finance director position from late August, 2018 through March of 2019.
“The financial statements were unable to be issued timely to allow the users to assess the financial position of the City,” according to the audit.
MORE>For more on news impacting Hendersonville and Sumner County, follow @HvilleNews
No comments:
Post a Comment