For Immediate Release:                                                      

August 31, 2020

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 Barberton (Summit County)
• City of Vandalia (Montgomery County)
• Miami Valley Risk Management Association (Montgomery County)

“Congratulations on an audit that highlights dedication and commitment to transparency and accountability to taxpayers,” 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.