Aug 17, 2026BoardMeeting
BoardProspect Town Council Audit Sub-Committee Unapproved Minutes
The Audit Sub-Committee interviewed representatives from CliftonLarsonAllen LLP regarding their forensic audit proposal. The discussion covered the firm's municipal and forensic experience, the proposed engagement team, and the scope, methodology, timeline, costs, and data requirements for the project. The committee also discussed the definition of a forensic audit versus a routine financial statement audit, the importance of minimizing disruption to town staff, the establishment of a town point person, and the process for biweekly status meetings and final reporting.