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On Bellmawr.com, the auditor’s report for the year ending December 31, 2015 was recently posted.
The audit was performed by Robert S. Marrone of Bowman & Company and includes a Schedule of Findings and Recommendations.
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That section identifies “the significant deficiencies, material weaknesses, and instances of noncompliance related to the financial statements that are required to be reported in accordance with Government Auditing Standards and with audit requirements as prescribed by the Division of Local Government Services, Department of Community Affairs, State of New Jersey.”
The Borough had previously uploaded its Corrective Action Plan, which addresses the auditor’s findings and also details the corrective actions that were to be taken.
During Council’s August, 2016 monthly meeting, Councilmen Paul Sandrock and Ray Bider spoke about the auditor’s findings.
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Councilman Sandrock said: “…Our auditor had picked up some needs of addressing and we spoke with our employees who welcomed the ideas and welcomed the opportunity to develop best practice policies. We feel confident that we’ve addressed all of those already that have been pointed out in our audit. We feel confident that we should show great improvement for any type of audit in the future.”
Councilman Bider stated: “…[We are] dealing with finance personnel to look at a review of the audit report and some of the corrective action measures that needed to be taken. It was a very positive meeting where a lot of progress was made and we are going to be following up with Bowman…with some recommendations. We will be submitting the corrective action plan to the State…and it will be published on our website within a week after that so everybody will have an opportunity to see what took place with the auditor’s report.”
The Schedule of Findings, the Borough’s Corrective Action Plan, and the audit can be viewed by clicking the images below:
Schedule of Findings & Recommendations
Corrective Action Plan
Audit Report