PWCS wins highest honor in financial reporting

The Government Finance Officers Association (GFOA) of the United States and Canada awarded the Certificate of Excellence in Financial Reporting to Prince William County Public Schools (PWCS) for its comprehensive annual financial report for 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 government accounting and financial reporting. Obtaining this award represents a significant achievement for the staff and a valuable service to the residents of the county.

“PWCS has a long history of solid financial management, as evidenced by the achievement of the Certificate of Excellence in Financial Reporting for 18 consecutive years,” said Vivian McGettigan, Chief Financial Officer. “While the finance staff work very hard throughout the year to confirm that the financial processes are in place to ensure that the full annual financial report can be prepared, this achievement also recognizes the financial decisions made by the board. school and senior management. They create a positive tone at the top focused on managing the financial resources entrusted to PWCS and the contributions made by each department and school by ensuring that financial controls are in place every day.

The full annual financial report is prepared in accordance with guidelines established 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 it themselves.

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