The Government Finance Officers Association, GFOA, has awarded Chesterfield County’s Accounting Department a Certificate of Achievement for Excellence in Financial Reporting for its annual financial report for the fiscal year that ended June 30, 2012. The certificate is the highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. This is the 32st consecutive year that Chesterfield County has received the award. The award criteria assists participants to go beyond the minimum requirements to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure.
“The Accounting staff does an outstanding job working through new financial reporting and compliance requirements each year, as well as preparing for and coordinating with external auditors” said Accounting Director Patsy Brown.
Brown added that everyone on her staff contributes to the quality of the report by understanding and adhering to the internal controls established for transaction processing and financial reporting.