During this week’s Statesboro City Council meeting, the city’s Finance Department was recognized for receiving the Government Finance Officers Association(GFOA) Certificate of Achievement for Excellence in Financial Reporting for the 2021 Annual Comprehensive Financial Report.
The GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program (COA) in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles to prepare annual comprehensive financial reports that evidence the spirit of transparency and full disclosure and then to recognize individual governments that succeed in achieving that goal. The goal of the program is not to assess the financial health of participating governments, but rather to ensure that users of their financial statements have the information they need to do so themselves.
More than 4,300 governments annually receive the Certificate of Achievement for Excellence in Financial Reporting.
See the City of Statesboro’s Comprehensive Annual Financial Report for FY2021 here.
