The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the County of Roanoke for its Comprehensive Annual Financial Report (CAFR) for the fiscal year ended June 30, 2013. This was the thirtieth consecutive year that Roanoke County has received this prestigious honor.
The Government Finance Officers Association (GFOA) sponsors award programs designed to encourage sound financial reporting for financial documents including the Comprehensive annual financial report, or CAFR, and the annual budget. The group also awards an award for Excellence in government finance. Roanoke County's Finance department has received the GFOA Certificate of Achievement for Excellence in Financial Reporting every year since 1984.
||The GFOA is the professional association of state/provincial and local finance officers in the United States and Canada, and has served the public finance profession since 1906. GFOA members are dedicated to the sound management of government financial resources. The GFOA continues to provide leadership to the government finance profession through research, education, and recommended practices.
The GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program (CAFR Program) in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure and then to recognize individual governments that succeed in achieving that goal.