The Certificate of Achievement for Excellence in Financial Reporting has been awarded to Beaufort County by the Government Finance Officers Association of the United States and Canada (GFOA) for its Fiscal Year 2021 Comprehensive Annual Financial Report.
“The certificate of achievement is the greatest recognition that Beaufort County can receive for governmental accounting and financial reporting,” said Hayes Williams, the County’s Chief Financial Officer. “I’m proud of our team for earning this significant accomplishment for Beaufort County and its Finance Department.”
Certificate of Achievement requirements for jurisdictions include adhering to all pronouncements issued by the Government Accounting Standards Board (GASB) and an annual audit by an external certified public accounting firm. An impartial panel judged the comprehensive financial report to meet the high standards of the program including demonstrating a constructive “spirit of disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the report.
This report provides important information to Beaufort County Council, Administration, all departments and Beaufort County taxpayers concerning how public funds are being spent and managed.
To view the County’s financial reports, visit www.beaufortcountysc.gov/finance.
More details about the certificate of achievement can be found here.
Original source can be found here.
