Tuesday, September 1, 2015

Economicalizing the audit expense efficiencies

Be wise.

Don't pay twice for the same thing.

The special audit examination of the Fowler administration's financial wingding goes through December 31, 2014, when she retired from public life forever. July1, 2014 through December 31, 2014 is exactly one-half of the City's 2014-2015 fiscal year.

Since the Kentucky Auditor of Public Accounts is already examining the financial records from that time period, and learning the quirkiness of West Buechel's government record keeping, it make no sense to hire anyone else to do the same thing all over again.

I say the State Auditor should also do the City's annual audit of financial statements.

What financial statements am I talking about? The ones that G*d will drop from the sky in about 30 days.

" . . . . each city shall, after the close of each fiscal year, cause each fund of the city to be audited by the Auditor of Public Accounts or a certified public accountant. . . . " KRS 91A.040(1)

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