- Two men seriously hurt in crash near Fruitland (9/21/16)3
- Perryville man arrested for alleged patronizing prostitution, harassment (9/23/16)6
- Video and evidence largely confirm trooper's claims in April traffic stop shooting (9/23/16)7
- Cape man may lose eye after shovel beating, police say (9/25/16)2
- Funeral procession of former Cape Girardeau police chief Henry H. Gerecke (9/22/16)17
- Cape man accused of attacking pregnant girlfriend (9/22/16)
- Driver charged with manslaughter in crash that killed 2 (9/27/16)
- Show Me Center upgrades may allow facility to draw more elaborate shows (9/21/16)17
- Man convicted of Perryville convenience-store heist (9/21/16)
- Planning, design puts renovations of H-H building into hotel on hold (9/26/16)4
The Cape Girardeau School Board is to be commended for the emphasis it is putting on financial accounting, particularly in light of some major problems over the years in the way the district has handled its finances, having a cumulative effect of undermining the public's confidence.
The board has decided that switching auditing firms every few years would be another way to check on whether the district's money is being handled properly.
Most of the accounting problems in the district, however, have not been related to faulty auditing. Rather, most of the problems have been created, in one way or another, by members of the district's financial staff. In recent months, major steps have been taken to replace personnel connected to some of the financial missteps, including the former superintendent.
It was the district's current auditing firm -- Beussink, Hey, Roe, Seabaugh & Stroder LLC -- that listed some of the district's most recent financial problems in its audit report.
The Beussink firm has been the district's auditor for many years. The board's new policy calls for switching auditors every three to five years.
As in everything else, there are many layers of competency among firms that provide professional services like financial audits. It appears the Beussink firm has served the district well in alerting the board to serious problems and concerns.