Successful application of current accounting principals led to a “clean” audit of Buda’s financial records, according to a press release.
The audit, conducted by Whitley Penn, LLP, showed the city’s financial records were free of “any material misrepresentations.” Whitley Penn conducted an audit of the city’s financial reports from the 2017-18 fiscal year.
Lupe Garica, engagement partner with Whitlen Penn, said the audit process, which includes four total phases, takes several months to complete.
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