The Government Finance Officers Association of the United States and Canada (GFOA) has once again awarded the Sunshine Coast Regional District (SCRD) the Canadian award for financial reporting.
This is the 10th consecutive award presented to the SCRD for surpassing the requirements of generally accepted accounting principles and demonstrating an effort to clearly communicate the regional district's financial picture.
The award program was established to encourage municipal governments throughout Canada to publish high quality financial reports and to provide peer recognition and technical guidance for officials preparing these reports. Its attainment represents a significant accomplishment by a government and its management.
"This award is a result of a great team effort by several departments, especially the finance department, and emphasizes the professionalism and dedication of staff," said SCRD board chair Garry Nohr in a news release.
The award was presented to the corporate services department at the SCRD for the 2012 annual financial report. The report has been judged by impartial Canadian review committee members to meet the high standards of the program, including demonstrating a constructive "spirit of full disclosure" designed to clearly communicate the SCRD's financial information and to motivate potential users and user groups to read the report.
"We are very proud to receive this award for the 10th consecutive year," added CAO John France. "The SCRD is committed to pursuing operational excellence, and it is important to recognize our finance division who work so hard every day to achieve it."
The SCRD's 2012 financial report can be found at www.scrd.ca/Financial-Reports.
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