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County ATC receives multiple awards for financial reporting

sb_cologo-full_colorSan Bernardino County Auditor-Controller/Treasurer/Tax Collector Larry Walker received two awards from the Government Finance Officers’ Association (GFOA) – a Certificate of Achievement for Excellence in Financial Reporting (CAFR) and an Award of Outstanding Achievement in Popular Annual Financial Reporting (PAFR).  Walker was also presented with the State Controller’s Award for Counties Financial Transactions Reporting for achieving the highest quality in California governmental accounting and financial reporting.  All three awards were presented to Walker at today’s Board of Supervisors’ meeting.

The GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program in 1945.  The Auditor-Controller/Treasurer/Tax Collector’s Office has received this award for the 26th consecutive year.  The GFOA established the CAFR Program to encourage state and local governments to prepare their comprehensive annual financial reports in a manner that exceeds the minimum requirements of generally accepted accounting principles (GAAP), while maintaining the spirit of transparency and full disclosure of content within the report.  Reports are reviewed by members of the GFOA staff and the GFOA’s Special Review Committee.  The Committee is comprised of individuals with expertise in public-sector financial reporting.

The Popular Annual Financial Reporting Awards Program was established in 1991 by GFOA.  The Auditor-Controller/Treasurer/Tax Collector’s Office has received this award for the 8th consecutive year, recognizing its efforts to develop accounting transparency for average citizens by producing the County’s financial report in an easy-to-understand format.  Popular annual financial reports are reviewed by selected members of the GFOA professional staff and by outside reviewers with experience in governmental accounting and financial reporting.

“I am honored to receive these awards, and extremely proud of my staff for their continued hard work and dedication,” Walker said. “This affirms my commitment to develop the County’s financial information in a manner that our citizens’ understand, while in a transparent, easily accessible, and understandable format.”

For additional information, or to view the County’s financial reports, please visit www.sbcounty.gov/atc.

 

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