Berkshire Local School’s Treasurer’s Office, led by District Treasurer Beth McCaffrey, recently received the highly praiseworthy Auditor of State Award with Distinction from the Ohio Auditor of State’s Office for their latest audit. Presented recently with the commendation from Ohio Auditor of State Keith Faber’s Office, representative Perry Alexandrides delivered a certificate to the Treasurer’s Office for exemplary reporting, high standards and dedication to sound stewardship of taxpayer resources during the last year. According to Auditor Faber, “the Auditor of State Award with Distinction is given to local governments and school districts upon the completion of a financial audit and who 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.”
One of the many reporting practices that separates Treasurer McCaffrey is her issuance of a Comprehensive Annual Financial Report (CAFR), not required by state law, but encouraged and promoted by Generally Accepted Accounting Principles (G.A.A.P.).
“Receiving the Auditor of State Award with Distinction reflects a total team effort by the members of this office, including Jaime Berman, Assistant to the Treasurer and Bonnie Makowski, Payroll,” said Treasurer McCaffrey.
On behalf of the Berkshire Local Schools, congratulations to Treasurer Beth McCaffrey and the entire Treasurer’s Office for receiving the Auditor of State Award with Distinction.