Problems with financial statements in Md. towns, auditors find; Hyattsville, Sykesville, Baltimore cited
Some local governments in Maryland are having difficulty preparing adequate financial statements and getting good audit results, state auditors found.
The Office of Legislative Audits found five governments failed to obtain audits, and 64 instances of defective accountability. either in accounting or auditing. The high number of problems indicates substantial room for improving financial accountability in Maryland’s counties, cities and towns.
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