Finance Division Recognized for Excellence in Financial Reporting

Today at Council, the City of Mississauga’s Finance division received an award from the Government Finance Officers Association (GFOA) recognizing excellence in financial reporting.

For the 17th consecutive year, the City was awarded the Canadian Award for Financial Reporting for the 2013 Financial Report. The award is presented to municipalities that prepare comprehensive annual financial reports that are prepared in the spirit of transparency and full disclosure.

“The City is committed to keeping our residents well informed by preparing financial information that is complete and accessible,” said Gary Kent, Commissioner of Corporate Services and CFO. “This is possible through Council’s leadership and the hard work of City staff who are dedicated to delivering a financial report that meets that goal.”

Background:

The GFOA is a non-profit professional association serving 17,500 government finance professionals throughout North America. The purpose of the Government Finance Officers Association is to enhance and promote the professional management of governments for the public benefit by identifying and developing financial policies and best practices and promoting their use through education, training, facilitation of member networking, and leadership. For more information on their awards programs visit gfoa.org.