Submitted information:
Cobb County School District was recently awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association (GFOA). The school district was recognized for its year-end financial report submitted for fiscal year 2020.
The Certificate of Achievement (COA) was established in 1945 and is the highest form of recognition in governmental accounting and financial reporting. Its attainment represents a significant accomplishment for Cobb Schools and its leadership.
GFOA advances excellence in government finance by providing best practices, professional development, resources, and practical research for more than 21,000 members and the communities they serve.
The COA recognizes local and state governments that go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure. GFOA’s review process is extensive and generally takes about six months to complete.
Cobb School’s Chief Financial Officer Brad Johnson was happy for his team’s recognition by GFOA. “I couldn’t be prouder of our Finance team as they manage the budget wisely and transparently at the direction of our Board and Superintendent,” Mr. Johnson said. “The Finance Department pays close attention to every detail and makes sure that we are financially sound and completely forthright and transparent about how we spend our money.”
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