Middleboro Review and so on

  TOWN ELECTIONS, APRIL VACATION...LOTS GOING ON...  IF MIDDLEBORO HAS A TOWN ACCOUNTANT, WHY A FORENSIC AUDIT?  Statutory Responsibilities of the Accountant/Auditor The following best practice highlights the statutory responsibilities of the accountant/auditor. The accountant or auditor is responsible for properly recording all municipal financial transactions in the community. This official prepares financial reports and ensures compliance with state and local reporting requirements. All bills for payment are approved by the accountant/auditor, who then monitors spending to assure that sufficient funds exist for purchases, and that goods have been received and services rendered before payment is made. As excerpted from the Accountant’s Manual published by the Massachusetts Municipal Accountants and Auditors Association, below is a summary of the duties of the accountant/auditor: Verify that every expense payment is lawful and just...