Morton College receives financial reporting award

Morton College’s efforts in the areas of governmental accounting and financial reporting have been recognized with the highest form of recognition for the 10th straight year.

The Government Finance Officers Association of the United States and Canada (GFOA) presented Morton College with its Certificate of Achievement for Excellence in Financial Reporting. The award, which represents a significant accomplishment by a government and its management, goes to a governmental entity for its comprehensive annual financial report (CAFR).

“This award is a reflection of Morton College’s high standards in financial reporting,” says Dr. Stan Fields, Morton College President. “We are committed to transparency and accountability to our College Community.”

Morton College’s Business and Accounting departments were primarily responsible for preparing the award-winning CAFR.

“The Morton College Business Office Department works efficiently to meet all required standards for financial reporting,” said Mireya Perez, Morton College Business Service Director. “It is gratifying to be recognized for the work that we do.”

The CAFR is judged by an impartial panel to meet the program’s high standards including demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.

The GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago, IL and Washington, D.C.