The city’s Finance Department recently received a certificate for achievement for excellence in financial reporting from the Government Finance Officers Association for its 2019 financial year-end comprehensive annual financial report (CAFR).
The Government Finance Officers Association’s Certificate of Achievement is the highest honor for governmental accounting and financial reporting. It is the city’s second year in receiving the award and represents a significant accomplishment by a government and its management.
“We are pleased to again receive this honor,” said City Manager Brian Johnson. “Our finance department is to be commended for this achievement as it is the highest form of recognition in governmental accounting and financial reporting.”
The city’s Finance Department produces the CAFR each year and works with independent auditors to verify the city’s financial situation and standing. The CAFR is judged by an impartial panel to meet the highest standards of the program.
“This is an important award that validates Peachtree Corners’ commitment to go beyond the minimum requirements to prepare comprehensive annual financial reports in the spirit of transparency and full disclosure,” said Assistant City Manager, Brandon Branham, who was the Finance Director when the 2019 CAFR was completed.
The Government Finance Officers Association, based in Chicago, is a non-profit professional association serving approximately 17,500 government finance professionals. With offices in Chicago and Washington, D.C., it serves the member organization by advancing uniform standards and procedures in financial management for governments and assisting with professional development for public finance managers.