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Changes in Retained EarningsFund Balance Auditor State Oh Form

Changes in Retained EarningsFund Balance Auditor State Oh Form

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UNION COMMUNITY SCHOOL DISTRICT IS RELATIVELY SMALL ONE OUTSIDE OF AFTON A RECENT AUDIT FOUND A BIG CHUNK OF MONEY MISSING FROM ITS EARLY CHILDHOOD DEVELOPMENT CENTER. A STATE AUDIT FOUND MORE THAN $5,000 OF IMPROPER AND RELATED PAYROLL COSTS IN SPENDING. HERE TO TELL US MORE ABOUT THE INVESTIGATION AND WHAT WAS FOUND. PLUS WHAT WE CAN LEARN ABOUT IT AS STATE AUDITOR. ROB SAND, THANKS FOR BEING WITH US THIS FRIDAY. HAPPY TO BE HERE. AND FIRST LET'S BACK UP AND TALK ABOUT HOW THE INVESTIGATION STARTED. SURE. >> WE HAD AN ISSUE THAT LIKE MOST ISSUES IS IDENTIFIED WITHIN THE PUBLIC SCHOOL AND FROM THERE THEY BROUGHT THEIR CONCERNS TO THEIR CPA FIRM. IT NORMALLY DOES THEIR AUDITS AND THEY CONTACTED US AS THEY'RE OBLIGATED TO DO UNDER IOWA LAW. WE CONDUCTED OUR INVESTIGATION IS. AND AS YOU MENTIONED, FOUND ABOUT IN INAPPROPRIATE SPENDING THAT WAS ARE ESSENTIALLY ADDITIONAL PAY TO THE SON OF THE DIRECTOR OF THE EARLY CHILDHOOD CENTER THERE AT THE STREET IN SCHOO

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