City of Columbia receives Certificate of Achieve for Excellence in Financial Reporting
December 18, 2019
The Certificate of Achieve for Excellence in Financial Reporting has been awarded to City of Columbia by Government Finance Officers Association of the United State and Canada (GFOA) for its comprehensive annual financial report (CAFR). 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 a government and its management.
An award of Financial Reporting Achievement has been awarded to the individual(s) or department designated by the government as primarily responsible for preparing the award-winning CAFR.
The CAFR has been judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.
“Our Assistant City Manager/CFO and the entire Finance Team make me and the City proud. They are committed to the principles established by GFOA. These principles are displayed every day in the management of City funding and the transparency in reporting our finances to the citizens of Columbia.” said Columbia City Manager Teresa Wilson.
Government Finance Officers Association (GFOA) advances excellence in government finance by providing best practices, professional development, resources and practical research for more than 20,500 members and the communities they serve.
