First 5 LA's Finance Department Receives National Recognition

The finance department at First 5 LA recently was awarded the "Certificate of Achievement for Excellence in Financial Reporting." The award, given by the Government Finance Officers Association of the United States and Canada (GFOA), is the highest form of recognition in the area of government accounting and financial reporting.

First 5 LA's comprehensive annual financial report for 2008 "exemplified outstanding financial management and demonstrated a strong contribution to the practice of good government finance," according to the GFOA. The award-winning annual report demonstrated a constructive "spirit of full disclosure" to clearly communicate First 5 LA's financial story.

"I am extremely proud of the finance staff of First 5 LA," said Evelyn V. Martinez, First 5 LA executive director. "This is quite an accomplishment and reflects the competence and professionalism of this organization in the area of financial reporting."

The GFOA is a major professional association serving the needs of 17,500 appointed and elected local and state-level government officials and other finance practitioners. It provides top-quality publications, training programs, services, and products designed to enhance the skills and performance of those responsible for government finance policy and management. The association is headquartered in Chicago, with offices in Washington, D.C.

‹‹Back to this week's Monday Morning Report