Categorized | Government, News

County earns financial reporting award


The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the County of Hawaii for its comprehensive annual financial report.

The award is given by the Government Finance Officers Association of the United States and Canada.

The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.

An award of Financial Reporting Achievement has been awarded to county Controller Kay Oshiro, who was primarily responsible for the report. Oshiro was named controller in January 2009 after serving as an accountant for the Hawaii County Police Department. She was previously a budget specialist for the County of Maui, assistant controller at Kaanapali Beach Hotel, and an auditor with Deloitte & Touche LLP.

“Kay did a wonderful job of preparing the CAFR in her first months as Controller,” said County Director of Finance Nancy Crawford. “It is a great honor for the County and for her to receive the Certificate of Achievement.”

The CAFR was judged by an impartial panel to meet the high standards of the program including demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential user groups to read the CAFR.

The GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago, IL, and Washington, D.C.

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