
The
Government
Finance
Officers
Association
(GFOA)
of
the
United
States
and
Canada
has
awarded
the
Certificate
of
Achievement
for
Excellence
in
Financial
Reporting
to
Prince
William
County
Public
Schools
(PWCS)
for
its
annual
comprehensive
financial
report
for
the
fiscal
year
2020.
This
is
the
18th
consecutive
year
PWCS
has
received
this
prestigious
award.
The
Certificate
of
Achievement
is
the
highest
form
of
recognition
in
the
area
of
governmental
accounting
and
financial
reporting.
The
attainment
of
this
award
represents
a
significant
accomplishment
for
the
staff
and
a
valuable
service
to
county
residents.
"PWCS
has
a
long
history
of
strong
financial
management
as
evidenced
by
receiving
the
Certificate
of
Achievement
for
Excellence
in
Financial
Reporting
for
18
consecutive
years,"
shared
Vivian
McGettigan,
director
of
finance.
"While
the
Finance
Department
staff
work
very
hard
year-round
to
confirm
that
financial
processes
are
in
place
to
ensure
that
the
comprehensive
annual
financial
report
can
be
prepared,
this
accomplishment
also
recognizes
the
financial
decisions
made
by
the
School
Board
and
senior
management.
They
create
a
positive
tone
from
the
top
focused
on
managing
the
financial
resources
entrusted
to
PWCS
and
the
contributions
made
by
every
department
and
school
ensuring
that
financial
controls
are
in
place
every
day."
The
comprehensive
annual
financial
report
is
prepared
in
accordance
with
the
guidelines
set
forth
by
the
GFOA.
The
goal
of
the
program
is
not
to
assess
the
financial
health
of
participating
governments,
but
rather
to
ensure
that
users
of
their
financial
statements
have
the
information
they
need
to
do
so
themselves.