IRWD Lauded for Financial Reporting

IRWD has received the Certificate for Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada for its 2009 Comprehensive Annual Financial Report, also known as the CAFR.

This is the sixth consecutive year IRWD has received the honor, which is the highest form of recognition in the area of governmental accounting and financial reporting. Its attainment represents a significant accomplishment by a government agency and its management.

“We are continually striving for transparency in IRWD’s complex financial structure. We are very proud of our finance team,” said Debby Cherney, IRWD’s director of finance.

The 125-page CAFR, which can be accessed via at www.irwd.com, includes audited financial statements and other data about the District and its finances. It was judged by an impartial panel to meet the high standards of the program,  including demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate customers to read the CAFR.

The GFOA is a non-profit professional association serving approximately 17,500 government finance professionals with offices in Chicago and Washington, D.C.