- Audio Recording
- Audit Release Advisory
- Events and Training
- Financial Audits
- Findings for Recovery
- Fiscal Caution, Watch, and Emergency
- Performance Audits
- Policy and Legislation
- Public Integrity
- Public Notices
- Public Records
- Unauditable Declaration
Village of Corning Financial Records “Unauditable”
Columbus – Incomplete financial records and unsupported bank reconciliations prompted Auditor of State Dave Yost to place the Village of Corning (Perry County) on the “unauditable” list.
“Poorly kept records create a lack of accountability,” Auditor Yost said. “The Village of Corning must bring its records back to an auditable condition to complete the audit.”
During the course of the regular financial audit of the Village of Corning for the period Jan. 1, 2014 through Dec. 31, 2016, the Auditor of State’s office determined that the condition of the village’s financial records was not adequate to complete the audit. In a letter to the village, the Auditor of State’s office notified officials that complete financial records and accurate bank reconciliations are required to complete the audit.
Within 90 days of the date of the letter, the village must revise its financial records and provide the necessary data. Failure to bring accounts, records, and reports to an auditable condition may result in legal action, including the possibility of the attorney general issuing a subpoena to village officials to explain the condition of records. The attorney general may also file suit to compel the officials to prepare and/or produce the required information.
The Auditor of State’s Local Government Section (LGS) is available to village officials to assist in bringing records to an auditable condition. LGS provides a wide variety of services to local governments, including reconstructing financial records and aid in the reconciliation of books.
An entity is removed from the “unauditable” list once the audit is completed and released to the public.
The Auditor of State’s office, one of five independently elected statewide offices in Ohio, is responsible for auditing more than 5,900 state and local government agencies. Under the direction of Auditor Dave Yost, the office also provides financial services to local governments, investigates and prevents fraud in public agencies and promotes transparency in government.