Monday, February 22, 2010

Butler County Auditor Awarded for Financial Reports

HAMILTON, Ohio – For the second consecutive year, Butler County Auditor Roger Reynolds has been awarded for the county’s financial reports produced by his office.

The Government Finance Officers Association of the United States and Canada presented awards of outstanding achievement for the two county financial reports produced by the Auditor’s office and submitted for review in 2009. Both the Comprehensive Annual Financial Report and the Popular Annual Financial Report for the year ended Dec. 31, 2008 met the stringent requirements of the GFOA for award recognition.

“Accurate financial reporting is our top priority. It’s an honor for our finance team to be recognized again this year.” Reynolds said. “Even though we have gotten leaner we’re committed to delivering superior services, as evidenced by these awards.”

The Certificate of Achievement for Excellence in Financial Reporting Program recognizes those state and local governments that go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that provide transparency and full disclosure.

Reports submitted to the CAFR program are reviewed by selected members of the GFOA professional staff and the GFOA Special Review Committee, which comprises individuals with expertise in public-sector financial reporting and includes financial statement preparers, independent auditors, academics and other finance professionals.

The Popular Annual Financial Reporting Awards Program recognizes individual governments that are successful in extracting information from their CAFR to produce a high quality popular annual financial report specifically designed to be readily accessible and easily understandable to the general public and other interested parties without a background in public finance.

Popular annual financial reports submitted to the PAFR Program are reviewed by selected members of the GFOA professional staff and by outside reviewers with experience in governmental accounting and financial reporting.

The reports are available on the Auditor’s web site at or in the Auditor’s office on the 4th floor.