Independent Audit Information
The Town engages an independent accounting firm to audit our financial statements each year. The audit is designed to ensure that the Town's financial statements present fairly the financial position of the Town and the results of its operations and cash flows in conformity with generally accepted accounting principles. The audit includes examining, on a test basis, evidence supporting the amounts and financial disclosures included in those financial statements. It also includes assessing the accounting principles used and any significant estimates made by management, as well as evaluating the overall financial statement presentation. The auditors also test compliance with laws, regulations, contracts and grant agreements, as well as assess the internal control over accounting procedures.