The Audit The What
NOTE: There are more recent audits that have not been listed here yet.
This page is to explain the differences among some of the various audits and reviews in Wayland's recent history. Check out the "Why" and the "Timeline" links, as well.
Student Activity Accounts: An audit report of the Schools' legal checking accounts was submitted January 3, 2013 by independent audit firm Melanson & Heath.
The Audit of the Schools' PDA accounts This is the audit that we voted on at Annual Town Meeting (ATM) in April 2012. It is for the purpose of determining what to do with the unspent balances in the School revolving funds, aka the Principals' Discretionary Accounts. See Illegal Bank Accounts
The Operational Review by The Abrahams Group This was Article 6 at ATM of 2010 and it resulted in the Abrahams Reports, which in essence said, "Houston, we've got a problem."
The Annual Town Audit While one may wonder why we need the audits listed above if we have an annual audit of the town already, the town audits have not uncovered many of the underlying issues. the Abraham's Group found significant balances have accumulated in school accounts, indicating that the fee payers (parents) and other taxpayers were overcharged. Checking accounts have existed off ledger, without appropriate control and without required annual audits.