SLSD Earns Clean Audit Award from Ohio Auditor of State

Once again, the Southwest Local School District has received a Clean Audit Award from the Ohio Auditor of State, with no findings, comments, or management letter.  

Eligible entities that receive this 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 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.

You can read the announcement from the Ohio Auditor of State's Office HERE.