Certificate of Excellence in Financial Reporting

BEST PRACTICES IN SCHOOL DISTRICT FINANCIAL REPORTING

For more than 50 years, ASBO International has recommended that

School districts should go beyond the minimums in financial reporting and prepare their annual financial statements in accordance with generally accepted accounting principles (GAAP),
Issue an Annual Comprehensive Financial Report (ACFR), and
Submit their Annual Comprehensive Financial Report (ACFR) for evaluation in the Certificate of Excellence in Financial Reporting (COE) program.

Resources to Help Prepare Your Annual Comprehensive Financial Report

Apply for the COE

Latest News

GASB Changes Name of Report to "Annual Comprehensive Financial Report"

The Governmental Accounting Standards Board (GASB) issued a pronouncement that changes the name of the most extensive report prepared following its standards to the annual comprehensive financial report or ACFR. Until now, the name applied to those reports was the comprehensive annual financial report.

To read more about the name and acronym change, click here.

Proud Sponsor

Access Resources from Strategic Partners

Key Resources from Industry Experts

ASBO International relies on our strategic partners to support our mission to lead the profession of school business forward. Because of this, ASBO works with partners to bring our members the latest resources, offers, and solutions for their business needs. Click to learn more about how our partners can help you as an ASBO member.