2022 Audit Report

The Township of Mannington's audit report for the year ended December 31, 2022, includes an independent auditor's report on the financial statements, a report on internal control over financial reporting, and a schedule of findings and recommendations. The report covers various funds, including the Current Fund, Trust Funds, General Capital Fund, and the General Fixed Asset Account Group. The financial statements are prepared on a regulatory basis in accordance with accounting principles prescribed by the NJ Division of Local Government Services. The report notes a difference between this regulatory basis and generally accepted accounting principles (GAAP). The audit was conducted in accordance with generally accepted auditing standards and Government Auditing Standards.