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The GFOA award is the highest form of recognition in governmental accounting and financial reporting and is awarded to entities who go above and beyond the minimum requirements of generally accepted accounting principles, indicating a spirit of transparency and full disclosure. Its attainment represents a significant accomplishment by a government and its management.

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Florida Lottery Honored With Financial Reporting Award For Third Consecutive Year

The GFOA award is the highest form of recognition in governmental accounting and financial reporting and is awarded to entities who go above and beyond the minimum requirements of generally accepted accounting principles, indicating a spirit of transparency and full disclosure. Its attainment represents a significant accomplishment by a government and its management.

The Florida Lottery announced on Wednesday that its Division of Accounting has received the Government Finance Officers Association’s (GFOA) Certificate of Achievement for Excellence in Financial Reporting for its 2018-19 Comprehensive Annual Financial Report.

This marks the third consecutive year that the Lottery has received this award.

The GFOA award is the highest form of recognition in governmental accounting and financial reporting and is awarded to entities who go above and beyond the minimum requirements of generally accepted accounting principles, indicating a spirit of transparency and full disclosure. Its attainment represents a significant accomplishment by a government and its management.

The Lottery’s Comprehensive Annual Financial Report was judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story.

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