Auditor Faber Announces Qualifiers for Auditor of State Award with Distinction



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.

 

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