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Avoid these common errors while preparing this year’s Comprehensive Annual Financial Report

May 14, 2019

The State Auditor’s Office (SAO) performs almost 200 Comprehensive Annual Financial Report (CAFR) reviews each year. Local governments may also submit their CAFR to the Government Finance Officers Association (GFOA) for a Certificate of Achievement for Excellence in Financial Reporting. As part of their CAFR reviews, SAO and GFOA identified several common errors that could affect your government’s ability to obtain this certificate. 

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