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Executive Summary
The Borough of Riverton's audit report for the financial statements for the year ended December 31, 2022, reveals an unmodified opinion on the regulatory basis of accounting, indicating fair presentation in accordance with the Division of Local Government Services' guidelines. The audit, conducted by Inverso & Stewart, LLC, also included a report on internal control over financial reporting and compliance. The report identifies the various funds of the Borough, including the Current Fund, Trust Funds, and General Capital Fund, and the accounting practices employed. The audit was conducted in accordance with generally accepted auditing standards.
Detailed Risk Breakdown
local preference
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performance bond
Evidence Detected
"...gs 91 Schedule of Federal Awards and State Financial Assistance Findings 92 Summary Schedule of Prior Year Audit Findings 93 Officials in Office and Surety Bonds 94 Acknowledgment 94 -b- BOROUGH OF RIVERTON PART I Report of Audit of Financial Statements For the Year Ended December 31, 2022 1 INVERSO & S..."
liquidated damages
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Timeline
First Discovered
Apr 2, 2026
Last Info Update
Jun 3, 2026
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