Coventry Select Board will hire accountant

 -  -  6

copyright the Chronicle September 28, 2016

by Elizabeth Trail

COVENTRY — The Coventry Select Board voted Monday to hire an accountant to oversee the books being kept by Town Clerk and Treasurer Cynthia Diaz.

Although the accounting firm Graham & Graham hasn’t finished its audit of the town’s finances, a September 19 summary of the findings to date included: no cash deposits for over two years, checks held for as long as five months before deposit, and property tax bills stamped “paid” that can’t be tied to check numbers or deposit slips.

Graham & Graham President Jeff Graham recommended that the Coventry Select Board hire an accountant to keep a second set of town financial records.

The accountant is likely to be someone working for an established firm who can be contracted for the next six to 12 months to come in a day or so a week and check up on deposits and transactions.

“I don’t see it as a decision we want to make for the next 20 years,” selectman Scott Morley said. “I do see it as a necessity for right now.”

To read the rest of this article, and all the Chronicle‘s stories, subscribe:

Print subscription

Annual online subscription

Short-term online subscription

(To find a particular article, search for the corresponding edition of the newspaper)

6 recommended
0 notes
bookmark icon

Write a comment...

Your email address will not be published. Required fields are marked *