Bossier Schools Director of Finance Frank Rougeau has garnered a coveted honor from the Government Finance Officers Association of the United States and Canada (GFOA).
For the 20th consecutive year, the school system's comprehensive annual financial report for the fiscal year June 30, 2011, qualified for a Certificate of Achievement for Excellence in Financial Reporting.
This Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting and according to the Government Finance Officers Association, "its attainment represents a significant accomplishment by a government and its management."
"We are very proud of the prestigious honor and recognition the Government Finance Officers Association has bestowed upon Mr. Rougeau," Bossier School Superintendent D.C. Machen, said "To receive such an honor for twenty consecutive years is a tremendous testament of the due diligence and excellence that he and our finance department adhere to daily in ensuring fiscal responsibility for our school system, board, and taxpayers."
Comprehensive annual financial reports are judged by an impartial panel to ensure they meet the high standards of the program, including demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial picture.
The GFOA is a non-profit professional association serving approximately 17,500 government finance professionals with offices in Chicago, IL, and Washington, D.C.