The city’s Finance Division not long ago acquired a certificate for achievement for excellence in monetary reporting from the Federal government Finance Officers Association for its 2019 economical calendar year-finish in depth once-a-year monetary report (CAFR).
The Federal government Finance Officers Association’s Certification of Accomplishment is the highest honor for governmental accounting and fiscal reporting. It is the city’s second 12 months in obtaining the award and represents a major accomplishment by a government and its management.
“We are happy to all over again get this honor,” reported Town Manager Brian Johnson. “Our finance office is to be recommended for this achievement as it is the highest type of recognition in governmental accounting and fiscal reporting.”
The city’s Finance Office generates the CAFR each yr and operates with impartial auditors to verify the city’s monetary condition and standing. The CAFR is judged by an neutral panel to meet up with the optimum criteria of the software.
“This is an crucial award that validates Peachtree Corners’ commitment to go outside of the least necessities to get ready thorough once-a-year monetary studies in the spirit of transparency and full disclosure,” mentioned Assistant Metropolis Manager, Brandon Branham, who was the Finance Director when the 2019 CAFR was completed.
The Government Finance Officers Association, based in Chicago, is a non-gain qualified association serving approximately 17,500 govt finance gurus. With offices in Chicago and Washington, D.C., it serves the member firm by advancing uniform expectations and strategies in money administration for governments and aiding with skilled advancement for community finance supervisors.