Published January 29, 2025
About This Audit
The independent auditor’s report for the Borough of Souderton, Montgomery County, Pennsylvania, assesses the Liquid Fuels Tax Fund for the period from January 1, 2022, to December 31, 2023. The audit examined the Forms MS-965 With Adjustments, which the municipality’s management presented according to specific criteria outlined in governmental publications. Conducted following standards from the American Institute of Certified Public Accountants and Government Auditing Standards, the audit aims to ensure the accuracy and proper presentation of financial information, detect any material misstatements, and evaluate compliance with laws and regulations. In their opinion, the auditors found that the Forms MS-965 with Adjustments met the requirements in all material respects. No deficiencies in internal control were identified during the review, though the existence of unidentified weaknesses cannot be fully guaranteed. Compliance with conditional provisions was examined but not explicitly opined. Therefore, the Borough of Souderton’s financial reporting was deemed compliant for the specified period.