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City Receives GFOA’s Certificate of Achievement for Excellence in Financial Reporting

Posted: November 13 2014

City Receives Government Finance Officers Association’s
Certificate of Achievement for Excellence in Financial Reporting

Bentonville, AR, November 13, 2014…..Mayor McCaslin is pleased to announce the City’s Finance and Accounting Department has received the Government Finance Officers Association of the United States and Canada (GFOA) Certificate of Achievement for Excellence in Financial Reporting for its comprehensive annual financial report (CAFR).  This is the second consecutive year the City has been awarded this distinction.  The GFAO is a nonprofit professional association serving approximately 17,500 government finance professionals. 

The GFOA’s press release states, “The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. The City’s CAFR was judged by an “impartial panel to meet the high standards of the program including demonstrating a constructive spirit of full disclosure to clearly communicate its financial story.” 

Ms. Denise Land, the City’s Director of Finance and Administration is pleased to be recognized nationally for her team’s collaboration.  Specifically, she mentioned the City’s Accounting Manager, Jake Harper who has been her colleague for over eight years.  Ms. Land said, “Jake is a valued accounting executive.  He is a professional who is highly skilled in financial reporting and certified accounting standards.  Mayor McCaslin added, “Jake shares Denise’s commitment to serving the interests of the citizens of Bentonville.  They are a great team.”