FOR IMMEDIATE RELEASE
Contact: Molly Barrie
ASBO International and American Fidelity Announce New Partnership
Ashburn, VA – January 2, 2019 – The Association of School Business Officials International (ASBO) is pleased to welcome American Fidelity as the new sponsor of the Certificate of Excellence in Financial Reporting (COE) award program. The COE promotes and recognizes school districts for excellence and transparency in the preparation and issuance of their Comprehensive Financial Reports (CAFRs).
“ASBO International has awarded the COE for more than 45 years and is proud to have American Fidelity—a long-time Strategic Partner—as a sponsor of this prestigious program,” ASBO International Director of Recognition Programs Molly Barrie says. “American Fidelity recognizes the importance of high-quality financial reporting, and we look forward to working with them to continue the program’s legacy of excellence.”
Participants submit their CAFRs to a team of experienced school finance professionals who provide feedback on how to improve future documents. CAFRs that meet program requirements may receive the Certificate of Excellence. Receiving the COE may help strengthen a district’s presentation for bond issuance in addition to demonstrating to the community that it is committed to fiscal transparency.
“American Fidelity understands the education community faces challenges that no other industry faces,” according to Keith Johnson, senior vice president of American Fidelity Assurance Company. “One of those challenges is providing transparency and quality financial information to the community. We are excited to continue our relationship with ASBO International as the sponsor of the Certificate of Excellence in Financial Reporting. American Fidelity is committed to helping provide school districts with the resources and tools to prepare their CAFRs and connect with their communities.”
Learn more about ASBO International’s Certificate of Excellence in Financial Reporting program at asbointl.org/COE.
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About ASBO International
Founded in 1910, the Association of School Business Officials International (ASBO) is a nonprofit organization that, through its members and affiliates, represents approximately 30,000 school business professionals worldwide. ASBO International is committed to providing programs, services, and a global network that promote the highest standards in school business. Its members support student achievement through effective resource management in various areas ranging from finance and operations to food services and transportation. Learn more at asbointl.org.
About American Fidelity
American Fidelity provides employer cost-savings solutions and supplemental insurance benefits to specific industries. Acting as an extension of the HR department, we educate, enroll, and support the development of robust, competitive insurance packages—all while ensuring seamless administration and employee satisfaction. As experts in employer benefit solutions, our salaried account managers deliver year-round support, help employers overcome benefit administrative challenges, and always offer a different perspective – a different opinion.