In The News 3 August 2012

Yost announces Highland Metropolitan Housing Authority as Auditor of State Award recipient

By
-

Auditor of State Dave Yost has announced that the following entities have received the Auditor of State Award for their clean audit reports:

• Highland Metropolitan Housing Authority (Highland County). The Highland Metropolitan Housing Authority is federally funded through the U.S. Dept. of Housing & Urban Development.

• City of Chardon (Geauga County).

• Fayette County Metropolitan Housing Authority.

• City of London (Madison County).

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

[[In-content Ad]]

Add new comment

This is not for publication.
This is not for publication.
About text formats

Plain text

  • No HTML tags allowed.
  • Lines and paragraphs break automatically.
  • Web page addresses and email addresses turn into links automatically.
Article comments are not posted immediately to the Web site. Each submission must be approved by the Web site editor, who may edit content for appropriateness. There may be a delay of 24-48 hours for any submission while the web site editor reviews and approves it. Note: All information on this form is required. Your telephone number and email address is for our use only, and will not be attached to your comment.
CAPTCHA This question is for testing whether or not you are a human visitor and to prevent automated spam submissions. Image CAPTCHA
Enter the characters shown in the image.