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Number 78April 2012www.copley.oh.usF cusOn CommunityStanding Strong TogetherActs of Courage Awarded to Copley Safety Personnel August 7, 2011 will remain in Copleys memories forever. It was the date

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Nonprofit organizations receiving federal funds exceeding $750,000 in a fiscal year.

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What is summit county single audit?

Summit County single audit is an examination of the financial statements and federal awards of Summit County to ensure compliance with federal regulations.

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Any entity that expends $750,000 or more in federal funds in a fiscal year is required to file a Summit County single audit.

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To fill out a Summit County single audit, the entity must gather financial information, ensure compliance with federal regulations, and submit the audit report to the appropriate authorities.

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The purpose of Summit County single audit is to provide assurance that federal funds are being used appropriately and in accordance with regulations.

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Information such as financial statements, compliance with federal regulations, internal controls, and any findings or recommendations must be reported on a Summit County single audit.

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