LCPS Receives Excellent Audit Report

 At the November 12, 2012 Loup City Board of Education Meeting, Gary Hinrichs and Mick Puckett of Dana F. Cole and Company, the district’s auditors, reported on the outcome of the yearly district audit.  According to the auditors, the Loup City Public Schools received an, “unqualified audit report, which is the best report available as the results of an audit.”

The audit report went on to explain that an unqualified opinion “means that in our opinion the financial statements are presented fairly in all material respects in accordance with the basis of accounting as reported on.”

The audit report went on to praise district business manager, Janelle Swanson, stating that, “We encountered no difficulties in dealing with management and the staff in performing and completing our audit. The records were in great shape.”

The complete audit presentation is available on the district website, http://blog.loupcity.k12.ne.us/