Certificate of Achievement for Financial Reporting

Monday, 04 March 2013

The Government Finance Officers Association of the United States and Canada (GFOA) has announced the Certificate of Achievement for Excellence in Financial Reporting has been awarded to the County of Summit for its comprehensive annual financial report (CAFR).

An award of Financial Reporting Achievement has been awarded to Kristen M. Scalise CPA, CFE, Summit County Fiscal Officer as being responsible for preparing the award-winning 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.

The financial statements, supporting schedules, statistical tables and narrative explanations required for a Certificate of Achievement help to assure that all fiscal data is presented that is needed by persons and groups with a legitimate interest in financial affairs of a government unit. These groups include governing boards, investors and creditors, grantor resource providers, taxpayers and others. The CAFR has been judged by an impartial panel to meet the high standards of the program including demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.

Fiscal Officer Scalise cordially invites everyone to view the 2011 Comprehensive Annual Financial Report. For those who do not have internet access, the report is available for viewing in the Fiscal Office, which is located in the Ohio Building in downtown Akron at 175 S. Main Street on the 4th floor.