Controller's Office: General Accounting (1441P)

Program Outcome Statement

Administer the County's financial transaction activities and prepare the annual financial statements to ensure accountability and transparency

Program Services

  • Review and process the County's financial transactions (accounts payable, journal entries, cash receipts, etc.)
  • Prepare financial reports for residents and tax payers to learn about the County's financial position and results of operations
  • Continuously assess the County's fiscal policies and activities to comply with governmental accounting standards

Overview

In FY 2017-18, the Division received the Government Finance Officer Association’s (GFOA) Award for Excellence in Financial Reporting; the audited Comprehensive Annual Financial Report (CAFR) earned the award for the 18th consecutive year and the Popular Annual Financial Report (PAFR) for the 16th consecutive year. These awards reflect the Division's commitment to the highest standards of accurate and transparent accounting and financial reporting. The County's financial reports provide necessary information to creditors, policymakers, management, citizens and other stakeholders to make assessments and decisions.

CAFR Receives Unmodified Opinion and GFOA Award for Excellence in Financial Reporting


Total Number of Transactions Processed (Journal Entries, Disbursements, Cash Receipts, Etc.)

Number of Monthly Closings Performed on Time

FY 2017-18 Story Behind Performance

CAFR Receives Unmodified Opinion and GFOA Award for Excellence in Financial Reporting

CAFR received an unmodified (clean) opinion from our external auditors on the financial statements for the FY ended 2017/2018. We have received award for Excellence in Financial Reporting from GFOA for both the 2018 CAFR and the Financial Highlights (PAFR) publication.

Total Number of Transactions Processed (Journal Entries, Disbursements, Cash Receipts, Etc.)

The total number of transactions processed by the Division were less than the targeted volume due to departments consolidating certain journal entries from a monthly to a quarterly basis. 

Number of Monthly Closings Performed on Time

The Division achieved all month-end and year-end closing deadlines in FY 2017-18.

Future Priorities

In FY 2018-19, the Division will continue to comply with applicable accounting standards, assist with implementing new financial system functions, and identify opportunities to improve business processes and internal controls.

Author: Eduardo Castillo     Contact Email: ecastillo@smcgov.org     Date Updated: 08-27-2018