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DELRAY BEACH RECOGNIZED FOR EXCELLENCE IN FINANCE

Post Date:01/09/2020 2:00 PM

The Government Finance Officers Association (GFOA) has awarded Delray Beach’s Finance Department the Certificate of Achievement for Excellence in Financial Reporting for the city’s comprehensive annual financial report. The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting and represents a significant accomplishment by a government agency.

GFOA will also be presenting the Award of Financial Reporting Achievement (AFRA) to the finance staff for its award-winning work and notable achievement. 

“We hope that your example will encourage other government officials in their efforts to achieve and maintain an appropriate standard of excellence in financial reporting,” Director of GFOA’s Technical Services Center, Michele Mark Levine said.

The GFOA was founded in 1906 and represents public finance officials throughout the United States and Canada. The association's more than 20,000 members are federal, state/provincial, and local finance officials deeply involved in planning, financing, and implementing thousands of governmental operations in each of their jurisdictions. GFOA's mission is to advance excellence in public finance. 

The GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program in 1945 to encourage and assist 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 to recognize individual governments that succeed in achieving that goal. 

 

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