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National Government Finance Association Honors ASU System for Quality Reporting


CHICAGO – The Government Finance Officers Association has awarded the Certificate of Achievement for Excellence in Financial Reporting to the Arkansas State University System for its comprehensive annual financial report.

The Certificate of Achievement is the highest form of recognition in the area of government accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management, according to GFOA.

“I’m very proud of our financial team for this honor,” said Dr. Charles L. Welch, president of the ASU System. “Julie Bates in our system office and Myra Goodwin and Russ Hannah on the Jonesboro campus do a terrific job of working with all of our campus CFOs to ensure quality reporting. It’s nice to be recognized nationally for strong financial and disclosure practices.”

An impartial GFOA panel judged the ASU System’s financial report and determined it met 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 report.

Government Finance Officers Association of Chicago is a major professional association servicing the needs of nearly 19,000 appointed and elected local, state and provincial-level government officials and other finance practitioners.

The ASU System, based in Little Rock, serves 23,000 students throughout Arkansas and includes Arkansas State University, a four-year research institution in Jonesboro with an instructional site in Paragould; ASU-Beebe, with additional campuses in Heber Springs and Searcy and an instructional site at the Little Rock Air Force Base; ASU-Mountain Home; ASU-Newport, with additional campuses in Jonesboro and Marked Tree; and ASU Mid-South in West Memphis. For more information about the ASU System, visit ASUSystem.edu or follow on Twitter @ASUSystem.

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