During a Tiffin City Council meeting Monday, Lori Brodie, Northwest Regional Liaison for Auditor of State Keith Faber, presented the City of Tiffin with the Auditor of State Award for a “clean” audit report.
Eligible 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 the GAAP accounting basis;
- 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
The City of Tiffin congratulates Director of Finance Kathy Kaufman and her staff for this achievement!
Original source can be found here.
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