For over 50 years, ASBO International has advocated that school districts exceed basic financial reporting requirements by preparing annual financial statements in accordance with generally accepted accounting principles (GAAP). This session will cover the benefits of issuing an Annual Comprehensive Financial Report (ACFR) and participating in the Certificate of Excellence in Financial Reporting (COE) program. Join us to explore how your district can become part of this elite group and learn about the program's requirements and advantages.

Start from Scratch? NO! --if you prepare an annual financial report why not take it to the next step? The statistical section is the most time-consuming project in the Annual Comprehensive Financial Report process. This session will include an Excel template with sample resources and websites. Even if you are already completing an Annual Comprehensive Financial Report, these tips and techniques on using the statistical section for long-range planning and bond rating questions will benefit you. In addition, a short review of the checklist and process will be provided. And then, BAM! you've completed your first Annual Comprehensive Financial Report!

If your District is not currently preparing an Annual Comprehensive Financial Report (ACFR) or if you are a school business official interested in better understanding your ACFR document, this is the session for you! The presenters will walk through an example ACFR page by page to discuss and review the requirements. The ASBO Certificate of Excellence (COE) program will be discussed, and a school business official will share with you why you should participate.