Prince William County Finance Department has been recognized for its exceptional financial management practices the 43rd year by the Government Finance Officers Association, known as GFOA.
The county government reports it has received the prestigious “Certificate of Achievement for Excellence in Financial Reporting” for its Annual Comprehensive Financial Report for fiscal year 2023.
To earn the certificate of achievement, organizations must submit a comprehensive financial report to GFOA’s Special Review Committee. This committee is comprised of a diverse group of public sector financial reporting experts, financial statement preparers and independent auditors, academics and other finance professionals. The committee evaluates reports using a checklist to ensure adherence to generally accepted accounting principles and program policies, with an emphasis on transparency and full disclosure.
A Certificate is awarded only if reviewers come to consensus that the report meets or exceeds the high standards of the program.
“This recognition reflects our department’s unwavering commitment to fiscal responsibility, transparency and accountability in managing the county’s finances,” said Michelle Attreed, Chief Financial Officer and Director of Finance for Prince William County. “Receiving the Certificate of Achievement for Excellence in Financial Reporting for the 43rd consecutive year is a testament to the hard work and dedication of our finance team and the trust our community places in us to manage public resources responsibly.”
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<a href="http://www.bullrunnow.com/news/article/011577">PWC government’s financial management report rated exceptional for 43rd year</a>