Attached is the Engagement Letter for the 2016 Audit. I have been informed that, as of today, the FINAL financial statement(s) have not been received.
Gail Wolanin Young
Wow...2016 financials still haven't been received...the "DRAFT" was dated April 21, 2017 and the final statements still haven't been received? Why not?
D'Arcangelo has been auditing the Town of New Hartford since 2009...so they are not the new kids on the block. Certainly, they must have a pretty good understanding of the town records; I can't imagine a delay on their part.
Actually, it is quite obvious at this point that there is a problem with the town's financial statements and it is beginning to look like a BIG problem. What more could be wrong than the two (2) findings that I have already blogged about?
Tyksinski, being such an experienced town official and CPA as he claims to be, should have had all the kinks worked out by now...unless, of course, his record keeping technique is the source of the problem!
Gosh, I wonder if this has anything to do with the upcoming state comptroller's report.