STONEWALL MEMORIAL POSTS $1.1M GAIN, CUTS LIABILITIES IN TURNAROUND YEAR

  • Forvis Mazars auditor Travis Skinner presents the annual financial report to Stonewall Memorial Hospital District directors during the board’s May 11 meeting.. PHOTO BY JEFF HURT
    Forvis Mazars auditor Travis Skinner presents the annual financial report to Stonewall Memorial Hospital District directors during the board’s May 11 meeting.. PHOTO BY JEFF HURT

    Stonewall Memorial Hospital District directors heard auditors report a turnaround year in the district’s annual audit, including higher cash, lower liabilities, and a $1.1 million gain in net position, while also disclosing internal-control weaknesses tied to financial reporting and limited segregation of duties.

    The audit covers the Stonewall County Hospital District d/b/a Stonewall Memorial Hospi…