The finances for the City of Huron once again got a passing grade as the city’s 2014 Audited Finance Statements were presented to the Huron City Commission Monday night. Mike Tordoff with Snow, Heuther and Coyle in Huron says it was again a good audit process…
Tordoff says the audit was clean on three different fronts…
Tordoff says the only issue of concern is a topic that is repeated every year and that is the segregation of duties…
Tordoff says the city’s control system is quote “pretty darn good” but says lack of oversight from governing bodies is part of the reason why recent financial misconduct situations like the GEAR-UP and EB-5scandals have taken place.