News Flash

Cocoa News Flash

Posted on: December 14, 2023

Cocoa Awarded Certificate of Excellence in Financial Reporting

certificate for excellence in financial reporting from the government finance officers association

On December 11, 2023, the Government Finance Officers Association of the United States and Canada (GFOA) awarded the City of Cocoa the Certificate of Achievement for Excellence in Financial Reporting for its Fiscal Year 2022 Annual Comprehensive Financial Report (ACFR).  The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. 

The ACFR has been judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the ACFR.   This document, which is required to be produced by the state, offers our residents a transparent look into the financial statements produced by the City of Cocoa.  An extensive list of items is reviewed and met in order to qualify for this award each year.

The Government Finance Officers Association is a major professional association servicing the needs of its more than 21,000 members who are appointed and elected local, state, and provincial-level government officials and other finance practitioners.  

“The City is very pleased to have obtained the Certificate for Excellence in Financial Reporting from GFOA.  The achievement of this award demonstrates its commitment to high quality financial reporting and transparency.  Thanks are extended to the dedicated staff who made this award possible,” said Cocoa’s Finance Director, Rebecca Bowman.

To view the ACFR, visit our website at www.CocoaFL.org/174/Finance.  

Facebook Twitter Email