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04-22-15 Chesterfield County Awarded Certificate of Achievement for Excellence in Financial Reporting
 
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2015 News Releases

For Immediate Release

Chesterfield County Awarded Certificate of Achievement for Excellence in Financial Reporting

April 22, 2015
Accounting
CHESTERFIELD COUNTY, VIRGINIA — The Chesterfield County Accounting Department was awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada for its comprehensive annual financial report for the fiscal year ending June 30, 2014. This is the 34th consecutive year that Chesterfield County has received the award.

The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by the county.

“The county’s knowledgeable and committed accounting staff excels at meeting the increasingly complex requirements of governmental financial reporting,” Accounting Director, Patsy Brown said. “The value the Board of Supervisors and county leadership place on fiscal integrity and transparency supports excellence in this type of reporting.”

The county’s comprehensive annual financial report was judged by an impartial panel to meet the high standards of the program, including demonstrating a constructive “spirit of disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the report.

The Government Finance Officers Association established the Certificate of Achievement for Excellence in Financial Reporting Program in 1945. It encourages and assists state and local governments to go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure and then recognizes individual governments that achieve that goal.
 


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