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Nded June 30, 2011 Table of Contents Independent Accountant s Report ........................................................................................................................ 1 Management s Discussion and Analysis .............................................................................................................. 3 Statement of Net Assets Cash Basis .................................................................................................. 10 Statement of.
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OMB FAQ
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Under the direction of Auditor Keith Faber, the Auditor of State's office is responsible for auditing and providing financial services to all public offices in Ohio. This encompasses more than 5,800 entities including cities, counties, villages, townships, schools, state universities and public libraries.
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The auditor is publicly elected every four years and may serve a total of two terms.
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The Ohio state auditor (formally known as the auditor of state) is responsible for auditing all the public offices of the state of Ohio. The auditor is elected to a four-year term. The current auditor is Keith Faber.
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The Auditor of State is responsible for auditing all public offices in Ohio including those in cities, villages, counties, townships, schools, and universities, as well as the many departments, agencies, and commissions of state government. Over 4,600 audits are performed at least every two years.
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The Auditor of State's Office offers comprehensive assistance to government entities throughout Ohio. LGS serves as a consulting and fiscal advisory group to all government agencies, school systems, and political subdivisions.
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In cash-basis bookkeeping, those transactions reflect only the payments that have actually been made and cash physically received, so there is no audit of outstanding transactions. During the review, you may identify potential errors or improper accounting procedures.
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Cash basis means a basis of accounting that recognizes transactions and other events only when cash is received or paid.
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Auditor Keith Faber and his senior staff members direct the Auditor of State's office in its mission to provide efficient, effective, and transparent government to Ohioans.
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