Department of Administration
Department of Administration
Department of Administration

Department of Administration Receives National Attention for Excellence in Financial Reporting


CHARLESTON, W.Va. – Cabinet Secretary John Myers of the Department of Administration announced today that the Government Finance Officers Association of the United States and Canada (GFOA) has recognized several agencies within its Department for excellence in financial reporting.  

The Certificate of Achievement for Excellence in Financial Reporting was awarded to the Finance Division of the Department of Administration on behalf of the State of West Virginia, the Consolidated Public Retirement Board (CPRB), and the West Virginia Board of Risk and Insurance Management (BRIM), by GFOA for these agencies’ comprehensive annual financial reports (CAFR) for the fiscal year ending June 30, 2017. In making this prestigious national award, GFOA recognizes conformance with the highest form of recognition in the area of governmental accounting and financial reporting. Its attainment represents a significant accomplishment by a government and its management.  

This is the 23rd year of receiving this honor for BRIM and the Finance Division and the sixth year for CPRB. The CAFR is 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 potential users to read the CAFR.  

“I’m pleased that these three agencies within the Department of Administration are being recognized for having consistently compiled accurate and complete comprehensive annual financial reports that showcase the state’s financial picture and forecast for future years. This acknowledgement indicates that the internal financial controls and assurances that are in place within state government are working. And the result is a high level of accountability and transparency to our citizens,” said Cabinet Secretary Myers. “I applaud these state agencies and their hard-working staff who continuously reach these levels of financial reporting excellence each year.”  

The GFOA is a major professional association servicing the needs of nearly 19,000 appointed and elected local, state and provincial-level government officials and other finance practitioners. It provides top quality publications, training programs, services and products designed to enhance the skills and performance of those responsible for government finance policy and management. 


Diane Holley-Brown