International organization recognizes DCSD Accounting team for ‘commitment to financial integrity’
CASTLE ROCK – For the second year in a row, the Douglas County School District accounting team received the Certificate of Excellence in Financial Reporting from the Association of School Business Officials (ASBO) International, the highest honor bestowed for financial reporting by the organization, for its Comprehensive Annual Financial Report (CAFR) for the fiscal year ending June 30, 2014.
“It is fantastic, said DCSD Director of Finance Jana Schleusner. “Not many organizations apply for the award. Receiving this award indicates not only compliance with auditing standards, but also that we are thoughtful and thorough in our presentation of these financial results.”
“This is… a true reflection of the district’s commitment to fiscal integrity,” said Vee Boehringer, ASBO’s director of certification and recognition programs, in a letter congratulating DCSD on the honor.
The 176 page CAFR is a comprehensive financial picture of the 2013-2014 fiscal year.
“The CAFR document is our opportunity to tell the community, in our words, where DCSD is financially, how the financial status of the District impacts them and provides the framework of the District’s spending priorities in the future explained Schleusner.
Additionally, last year, DCSD's Budget team was also recognized by ASBO, receiving the organization’s Meritorious Budget Award. That means that from end-to-end our financial services team has been recognized for upholding the highest standards in financial reporting.
“We are doing exactly what we need to be doing end-to-end and that is a big deal,” Schleusner said.