Tennessee has received the highest form of recognition awarded for government accounting and financial reporting for its Annual Comprehensive Financial Report. The Government Finance Officers Association has awarded the Certificate of Achievement for Excellence in Financial Reporting to the Division of Accounts in the Department of Finance and Administration for the report for fiscal year 2022.
The report is judged by an impartial panel to meet the high standards of The Government Finance Officers Association, which includes demonstrating a constructive spirit of full disclosure to communicate its financial story clearly. The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant accomplishment by the Division of Accounts.
It’s the 43rd year the state has received the certificate, the most in any state.