Columbus – After a recent financial audits by Auditor of State Keith Faber’s office, good record keeping has qualified the following entities for the Auditor of State Award with Distinction:
- City of Delaware (Delaware County)
- City of Grove City (Franklin County)
- Westerville School District Library (Franklin County)
- City of Ashland (Ashland County)
“This award is the reflection of hard work and commitment to transparency – well done to the fiscal teams making a clean audit a priority,” Auditor Faber said.
The Auditor’s Office presents the Auditor of State Award with Distinction to local governments and school districts upon the completion of a financial audit. Entities that receive the award meet the following criteria of a “clean” audit report:
- The entity must file financial reports with the Auditor of State’s office by the statutory due date, without extension, via the Hinkle System, on a GAAP accounting basis and prepare a CAFR (Comprehensive Annual Financial Report);
- The audit report does not contain any findings for recovery, material citations, material weaknesses, significant deficiencies, Uniform Guidance (Single Audit) findings or questioned costs;
- The entity’s management letter contains no comments related to:
- Ethics referrals
- Questioned costs less than the threshold per the Uniform Guidance
- Lack of timely report submission
- Bank reconciliation issues
- Failure to obtain a timely Single Audit in accordance with Uniform Guidance
- Findings for recovery less than $500
- Public meetings or public records issues
- The entity has no other financial or other concerns
Full copies of these reports are available online.