Why did the auditor give a qualified opinion on the 2024 statements, more than a year after the year ended?
Qualifiedopinion on the 2024 statements, signed February 27, 2026
The Township's auditor, BDO Canada LLP, said the 2024 statements are fair except for one thing it could not measure. The Township has not yet worked out what it will cost to retire its old assets (a rule called an asset retirement obligation, or ARO). The auditor's report is dated February 27, 2026, about 14 months after the year ended on December 31, 2024 (worked out by us). Council accepted the statements on March 11, 2026.
Found by reading the town's own documents · 6 sources