WDMCS Audit Results in Favorable “Unmodified Opinion”

At the Board of Education’s Dec. 10, 2018, workshop, Mia Frommelt, partner with the West Des Moines Community Schools’ (WDMCS) independent accounting firm Bohnsack & Frommelt, LLP, presented to the Board a summary of an audit report for the year ending June 30, 2018.

Overview

The auditors spent 550 hours of research and work to complete the audit for the year ending June 30, 2018.

The report includes all district funds. WDMCS provides a full range of programs and services, including instructional; administrative; transportation; food service; maintenance of sites and facilities; custodial; clerical; extra, co-curricular and athletic activities; and Community Education.

As part of the WDMCS audit, tests are made to determine the adequacy of the internal control over financial reporting and its compliance with applicable laws and regulations, including those related to major federal award programs. The results of the audit noted no material weaknesses in the internal control.

In addition, WDMCS maintains budgetary control to ensure compliance with legal provisions outlined and approved by the Board of Education. Activities in the General Fund, special revenues fund, Debt Service Fund, and enterprise funds are included in this annual budget. The audit concluded WDMCS continues to meet its responsibility for sound financial management.

WDMCS also received a Certificate of Achievement for Excellence in Financial Reporting for the June 30, 2017, comprehensive annual financial report from the Association of School Business Officials International (ASBO) and the Government Finance Officers Association (GFOA).

Frommelt also suggested improvements to existing internal controls. The administration will provide WDMCS staff with a plan to implement these suggestions at a January 2019 Board meeting.

We are happy to receive an “unmodified opinion,” which is a favorable report. We also plan to resolve any of the recommended improvements. Our goal is to provide transparency to the public and our stakeholders.

A copy of the 159-page complete audit report is available at https://discover.wdmcs.org/wdmcsaudit-063018.