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 2016-17, 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 17th consecutive year and the Popular Annual Financial Report (PAFR) for the 15th 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 Mid-Year 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 2016-17. We have submitted award for Excellence in Financial Reporting from GFOA for both the FY 2016-17 CAFR and the Financial Highlights (PAFR) publication, and are expecting to receive the GFOA Awards.

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

The team continues to work diligently to process all transactions in a timely manner. Although we have several new staff, the use of efficient processes allows us to review and process thousands of transactions with few staff.

Number of Monthly Closings Performed on Time

We continue to achieve timely month-end as a result of good planning and hard work from dedicated staff in our office.

Future Priorities

In FY 2017-18, the Division will continue to comply with applicable accounting standards, assist with implementing new financial system functions, and identifying opportunities to improve business processes and internal controls.
Author: Eduardo Castillo     Contact Email: ecastillo@smcgov.org     Date Updated: 01-26-2018