Summit County government has their books audited annually by an independent accounting firm. The audit includes basic financial statements as well as federal grant auditing. Our fiscal year is a calendar year, so audited financial statements are issued by June 30 for the prior year. Summit County Government has received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association annually since 1988.
Summit County Comprehensive Annual Financial Report
State Law requires that all general-purpose local governments publish within 240 days of the close of each fiscal year a complete set of financial statements presented in conformity with accounting principles generally accepted in the United States (GAAP) and audited in accordance with generally accepted auditing standards by a firm of licensed certified public accountants.
Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards.