PAWHUSKA, OK – An Osage Nation Government 2023 audit report showed zero significant deficiencies or material weaknesses. The independent report shows top-tier accountability and oversight by the Osage Nation Government. A “clean” opinion is a report that an auditor issues when they find that financial statements are fairly presented and by generally accepted accounting principles (GAAP). It indicates that the auditor found no material misstatements during the audit and that the entity followed the applicable financial reporting framework.
“Once again, the Osage Nation has received an outstanding audit report showing strong oversight by the Osage Nation Treasury, Procurement, Accounting, and Grants Departments,“ said Principal Chief Geoffrey Standing Bear. “We are grateful to our Osage Nation employees for this massive accomplishment, which speaks to their hard work and dedication.”
In addition to the “clean” report, the audit states that “all records and information we requested were freely available for our inspection, cooperation was excellent from management and all levels within the organization.”
Mike Dierlam from REDW, an independent CPA firm based in Phoenix, AZ, presented the findings. “The Osage Nation Government has some of the best grant compliance we have ever seen, with a very high level of compliance, which speaks volumes to the quality of accountability and oversight,” said Dierlam.
