Saanich financial report earns kudos

The Government Finance Officers Association has honoured the District of Saanich with the Canadian Award for Financial Reporting

Saanich has earned a ninth straight annual award for filing a well prepared financial report.

The Government Finance Officers Association has honoured the District of Saanich with the Canadian Award for Financial Reporting for its 2014 financial statements.

Saanich’s financial report met a series of standards, conforming with the with generally accepted accounting principles and provincial requirements.

Among the criteria was a “disclosure thoroughness and detail sufficiency,” as well as responsiveness to prior year comments and suggestions for improvement and reader appeal.

The GFOA is a major professional association that recognizes excellence in governmental accounting and financial reporting.

 

reporter@saanichnews.com

 

 

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