Opinion: A Proposition To Change Madison County Auditing Firm Every 6 Years
This month I am proposing a resolution to the county board that the county changes its outside auditing firm every 6 years. This is on the agenda for the Wednesday, Aug 18, Executive Committee meeting. For more than 20 years Madison County has had the same CPA firm auditing its books. This is the "best practice" of the State of Illinois and many of the best-run counties. The following counties changed (hired new and different) outside auditors beginning with these fiscal years: Champaign – 2016 Lake – 2017 McLean – 2019 Peoria – 2016 Sangamon – 2017 Winnebago – 2017 Franklin County, Missouri – 2020 St. Charles County, Missouri – 2021 St. Louis County, Missouri - 2020 Major counties that did not change auditors within the last 5 or 6 years are usually with very large, often international, accounting firms. Independence is the reason for changing outside auditors. It's possible that over years of working together, relationships may