Norwich undergoes three audits

NORWICH – After a long summer of continuous checks and balances by three separate firms performing audits, local school officials announce “everything looks good.”

Norwich City School District Deputy Superintendent Margaret Boice said each year the district is required to hire an independent audit firm to review everything from the school lunch program to guidelines of each course and program offered and everything in between. This year however, the school district was due for its five-year state comptroller’s audit, an external audit and an internal audit.

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“These audits look at the complete financial undertaking for the year or years in question,” said Boice. She said the auditors review how money was spent and if it was managed the way it should be. “Within an audit report, it may state a district handled money in a way the auditors thought could have been done better,” she said.

Conducting the $13,500 external audit for the 10th consectutive year was a private firm, D’Archangelo and Company LLP. Presenting to the school board Dec. 18 was D’Archangelo representative Chip Clark, who explained the audit came through looking good for the year. He explained to the board the inventory status was good as well as the fixed assets and other variables that were examined closely.

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