The Montgomery County Public Schools (MCPS) has been awarded a Certificate of Excellence in Financial Reporting for excellence in the preparation and issuance of the fiscal year end 2002 school system Comprehensive Annual Financial Report. This is the 22nd time MCPS has received the award.
The prestigious award was given by the Association of School Business Officials (ASBO) International. MCPS was the only school system in Maryland to receive the award.
The Certificate of Excellence in Financial Reporting is ASBO's highest recognition for school district financial operations. The nationally recognized program reviews and critiques district accounting practices as represented in the Comprehensive Annual Financial Report and recognizes school districts that adhere to sound principles and reporting procedures. The certificate is only conferred to school systems that have met or exceeded the standards of the program.
For additional information, visit ASBO's web site at the link below.