Government Finance Officers Association (GFOA)

We’re looking forward to these important sessions and hearing Fort Lauderdale’s story at #GFOA2024. #GFOA #localgov

We're getting pretty excited here. We're only a week away from the start of preconference seminars at #GFOA2024. Here are a few tips as we head into the final week... 1. Download conference program guide https://lnkd.in/eC8fVkRJ 2. Download the conference app https://lnkd.in/ejuUHSUB 3. View session you may want to attend https://lnkd.in/gNbhTpGn 4. Explore scheduled networking and social events https://lnkd.in/eerewytj 5. Keep watch for important conference emails next week We're putting the finishing touches on the event now and can't wait to see you and 5,000 of your peers in Orlando! #GFOA #localgov #publicfinance

Have you read our new report on why we're Rethinking Financial Reporting? It was the most-viewed page at gfoa.org on Thursday. The reasons for rethinking include changing public attitudes about government, technological change, and the availability of new and better information about how people make decisions. One reason that stands out for financial reporting is a notable dissatisfaction with the status quo. The current approach may not be serving well the interests of any of its audiences: elected officials, the public, or participants in the market for municipal bonds. Further, the finance professionals who prepare these reports may be facing substantial opportunity costs with their time. We believe there is an opportunity to increase the value provided to these audiences. Read our new report today and view additional resources at https://lnkd.in/gYXUE8UF. #GFOA #localgov #publicfinance

More on this important initiative… A large portion of those who produce financial reports aren't convinced their time spent on it is time well spent. That's one reason why we're "rethinking" things. #GFOA #localgov #publicfinance

Last year, we announced the Rethinking Financial Reporting initiative. Today, we take an in-depth look at why. Our new research presents our vision for updating financial reporting. It critiques the current approach for not meeting the needs of its audiences, highlighting issues such as complexity and the time required to prepare the reports. This report also discusses the opportunity costs of financial reporting and outlines strategies to make financial reports more user-friendly, streamlined, and better aligned with users' needs. Through these reforms, we aim to improve the efficiency, timeliness, and usefulness of financial reporting. Learn more: https://lnkd.in/gYXUE8UF #GFOA #localgov #rethinkingfinancialreporting #accounting #publicfinance 

This is always an inspiring session. We look forward to hearing your journey. #GFOA2024 #localgov #GFOA

Angela Brown is a senior accounting assistant with the City of Patterson, California. She is pursuing a master’s in business administration with a concentration in Finance and Human Resources at California State University, Stanislaus. Angela was born in St. Croix, U.S. Virgin Islands, and raised in Antigua, West Indies. She ventured to California for higher education and earned a bachelor’s degree in management and marketing. Angela received $10,000 through the Government Finance Professional Development Scholarship. Congratulations! Learn more: https://lnkd.in/e6uiqFQX #GFOA #localgov #scholarships #education

We’re looking forward to this session. The PAW initiative has brought together 14 jurisdictions to explore best practices, policy tools, and approaches to unlock new revenue and other public benefits from unused or underutilized land. #GFOA #localgov

Hot off the presses! The #GFOA2024 program guide is now available for download. Get conference insights, the daily schedule, sponsor and exhibitor information, and more at https://lnkd.in/eC8fVkRJ. #GFOA #localgov

Congratulations to Katie Sample who recently became CPFO certified! Katie is finance director/treasurer for the City of Wayne, Michigan. “During my journey through the CPFO program, I acquired a deeper understanding of topics related to public finance. The program provided valuable insights into budgeting, financial reporting, and other critical aspects of managing government finances,” she says.  Learn more: https://lnkd.in/e3FUR85E #GFOA #localgov #leadership #certification #CPFO