By Todd Buikema, includes “To identify standouts for timely reporting, GFOA reviewed submission times for award-winning ACFRs for the fiscal years ended 2018 to 2020. For that timeframe, we received an average of 13 ACFRs within a period of 100 days or fewer—that’s 0.3 percent. GFOA reached out to officials at three governments that did so for all three of the fiscal years … to find out what they are doing to produce their reports so quickly. Based on those interviews, we have compiled a list of the actions they took that may help other governments issue more timely financial statements.”
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