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Auditor Yost Announces Auditor of State Award Recipients
Tuesday, May 17, 2016
Columbus – Auditor of State Dave Yost is pleased to announce that the following entities received the Auditor of State Award for their clean audit reports:
- Autism Academy of Learning (Lucas County)
- Lynchburg-Clay Local School District (Highland County)
- Miami County Educational Service Center
- Muskingum County Transportation Improvement District
The Auditor of State Award is presented 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 timely financial reports with the Auditor of State’s office in accordance with GAAP (Generally Accepted Accounting Principles);
- The audit report does not contain any findings for recovery, material citations, material weaknesses, significant deficiencies, Single Audit findings or questioned costs;
- The entity’s management letter contains no comments related to:
• Ethics referrals
• Questioned costs less than $10,000
• Lack of timely report submission
• Reconciliation
• Failure to obtain a timely Single Audit
• Findings for recovery less than $100
• Public meetings or public records - No other financial or other concerns exist that involve eligible entity.
A full copy of these audits may be found online.