May 27, 2008
Missouri Lottery Wins Top Accounting Award For Eighth Time
For the eighth consecutive year, the Missouri Lottery’s Accounting division has received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA) of the United States and Canada.
"We are proud to receive this award for the eighth year in a row," said Larry Jansen, executive director for the Missouri Lottery. "Our chief financial officer, Michael Lauf, and our financial accounting manager, Cathy Long, work hard to ensure that the highest accounting standards are met. This award represents a significant accomplishment by the Lottery’s Accounting division."
The GFOA certificate of achievement award is the highest form of recognition in the area of governmental accounting and financial reporting. The Lottery’s comprehensive annual financial report was judged by an impartial panel to meet the high standards of the GFOA program. The organization also said the Lottery’s report demonstrated "a constructive ’spirit of full disclosure’ to clearly communicate the agency’s financial story."
The GFOA, which has offices in Chicago and Washington, D.C., is a non-profit professional association that serves more than 16,000 government finance professionals.