From Staff Reports
Pedernales Electric Cooperative’s Board of Directors received the audit for the 2013 fiscal year during the Board’s regular meeting on April 21. PEC once again earned an unqualified or “clean” opinion – the best opinion an auditor can offer – from accounting firm Bolinger, Segars, Gilbert & Moss, LLP.
BSGM managing partner Robert Cobb explained the timeline and methodology of the audit, complimenting PEC’s financial staff for its level of preparation. “The preparation that your staff had in place, and the information that they had ready for us to apply audit procedures to, was outstanding,” Cobb noted. “That is not always the case in a transition year.