The District of Maple Ridge is well known in Canada for its high- quality financial reporting. It

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The District of Maple Ridge is well known in Canada for its high- quality financial reporting. It recently won a prestigious award as described in the following news release:
The Canadian Award for Financial Reporting has been awarded to The District of Maple Ridge by the Government Finance Officers Association of the United States and Canada (GFOA) for its latest annual financial report. The Canadian Award for Financial Reporting program was established to encourage municipal governments throughout Canada to publish high quality financial reports and to provide peer recognition and technical guidance for officials preparing these reports. Maple Ridge has been commended for its performance in all areas judged by the review committee. The CAnFR represents a significant accomplishment by a government and its management.
The District has also received the Award for Outstanding Achievement in Popular Annual Financial Reporting (PAFR) for its Citizens Report. “I am very proud of the work done by our Finance Department and obviously their efforts are recognized well beyond the boundaries of Maple Ridge,” said Paul Gill, General Manager: Corporate & Financial Services.
The District has been granted the Canadian Award for Financial Reporting Achievement 19 years in a row and for the past 13 years, it has received the Popular Annual Financial Report Award. “I am used to hearing about the great achievements of our Finance folks,” said Mayor Ernie Daykin. “I appreciate the sense of pride that they put into their work and recognize their ongoing efforts and due diligence.”
The Annual Financial and Citizens Reports were judged by impartial Review Committee members to meet the high standards of the program, including demonstrating a constructive “ spirit of full disclosure” designed to clearly communicate the municipality’s financial story and to motivate potential users and user groups to read the report.

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Visit the website for the District of Maple Ridge at www. mapleridge.ca/EN/main/municipal/2300/2591/annual_report-09.html Examine the financial statement and notes for the most recent annual report and citizens report identify five strength of Maple Ridge’s reporting [Reprinted with permission from District of Maple Ridge]

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Advanced Financial Accounting

ISBN: 978-0137030385

6th edition

Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay

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