Board of Finance members will meet with Blum Shapiro Friday morning to get a better understanding of the scope of the public accounting firm’s audits — “particularly as it regards to the Board of Education,” finance board member Richard Creeth said during the board’s June 21 meeting.
Creeth said the point of the meeting is to find out “how much testing [and] how much compliance testing goes on.”
“It’s not that we’re trying to be in any way critical of their audit process, but we want to understand what it is so that if we need to do more compliance evaluation or whatever, then we know how much is being done,” he said.
“It’s really a question of how we can try to get the maximum benefit from audit and build on it and do what’s necessary. That’s the objective.”