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County of Riverside Auditor-Controller’s Office

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Presentation on theme: "County of Riverside Auditor-Controller’s Office"— Presentation transcript:

1 County of Riverside Auditor-Controller’s Office
Financial Highlights Dennis Stout Jr. Accountant II County of Riverside Auditor-Controller’s Office

2 Report Background Government Finance Officers Association
Popular Annual Financial Report Program Goal Supplement GAAP reports to make valuable financial information available to a broader audience Designed to meet the needs of interested parties who may be unable or unwilling to use traditional financial reports Eligibility Prior year recipient of GFOA Certificate of Achievement in Financial Reporting Report Criteria Narrative and graphic analysis explaining items of interest Clearly advise readers of the availability of the CAFR Disclosure of selected funds and account groups Information must be derived from the CAFR

3 Financial Highlights Not prepared on a GAAP basis
Opportunity for flexibility in presentation Easier to read! Governmental Fund Financial Statements Provides information on the sources, uses, and balances of current financial resources Statements do not include capital assets and long-term liabilities Addresses financial & non-financial matters Demographic & economic statistics Internet Resources

4 Financial Highlights Available online at:

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