The Speed We Need: Unlocking the Secrets of the Accelerated ACFR

Many local governments struggle to complete their Annual Comprehensive Financial Report (ACFR) on time and without excessive effort. This paper explores how governments can streamline the ACFR process to finish faster and with less strain—helping public finance officers avoid burnout and focus on other priorities.

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New GFOA Membership Model Launching August 2025

Today, GFOA Executive Director and CEO Chris Morrill announced important changes to how we offer memberships. Starting in August 2025, we’ll transition to a new membership model that includes unlimited access for all members within most governments—for a single annual price. This is an exciting change, and we encourage you to read the full statement at the link below. Also, keep watch for more details in the coming months as we enter this new chapter, TOGETHER.

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#GFOA2025 Closing Event Announced

Enjoy an exclusive night of entertainment at GFOA's 119th Annual Conference for attendees and guests featuring a performance by Night Ranger, Tuesday, July 1, at The Anthem in Washington, DC! Having sold over 17 Million albums worldwide, performed on over 4000 stages, and captivated a radio audience exceeding one billion, Night Ranger has epitomized and transcended the arena rock sound and style well beyond that era. Their legendary hits include "Sister Christian," "Don't Tell Me You Love Me," "When You Close Your Eyes," and "(You Can Still) Rock in America."

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#BuiltbyBonds Success Story

The Catawba Nuclear Station in South Carolina generates 2,310 megawatts of electricity. Piedmont Municipal Power Agency (PMPA) owns 285 megawatts of Unit 2, providing clean, carbon-free power to 10 communities, including Abbeville, Clinton, Easley, and more. This investment, part of a $3.6 billion project, represents PMPA's $496,000,000 ownership share of Unit 2.

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Build the Foundation for Excellence at GFOA's Best Practices Forum

Registration is now open for GFOA’s Best Practices Forum from September 15–19! This virtual event features nine sessions covering essential best practices, real-life case studies, and interactive exercises designed to help you improve and benchmark your organization’s performance. Earn up to 18 CPE credits with your participation.

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CPFO Spotlight

Jené Jess

Jené Jess, finance and employee services director for the City of Bondurant, Iowa, began her CPFO journey to validate her skills, knowledge, and education obtained throughout her career, as her formal educational background is not in accounting. She also aimed to deepen her understanding of the finance profession and its complexities. Throughout the process Jené has learned that finance is a broad field with numerous disciplines and specialties. She has found a greater appreciation for the diverse skills and expertise needed in public finance. She encourages others thinking about becoming a CPFO to make time for it and to appreciate the knowledge gained from exam preparation.

Read moreStart your own CPFO journey

Membership

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We are a resource, an educator, a facilitator, and an advocate for our members — more than 25,000 finance professionals across the United States and Canada.

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Member Benefits

Being a member of our community has its perks! By joining, you'll get discounted pricing on awards and training, access to leadership and volunteer opportunities, inclusion in member forums, and much more.

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Networking

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Connecting Leaders in Urban Governance

Are you looking to exchange ideas and solutions with others facing similar urban finance challenges? GFOA’s Urban Forum offers a space to connect through exclusive networking events, interactive webinars, and an online member Community for sharing resources and discussions. Plus, don’t miss the dedicated Urban Forum session at GFOA’s Annual Conference. Participation is free for GFOA members and a great way to learn, share, and grow with your peers.

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Additional Resources

Awards

Our award programs recognize excellence in government finance.

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Best Practices

GFOA's best practices identify specific policies and procedures that contribute to improved government management.

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Rethinking Initiatives

We're taking a deep dive into budgeting, revenue, and financial reporting.

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Workforce Resources

Articles, research, and case studies to help governments now and in the future.

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Publications & Subscriptions

2024 GAAFR

The 2024 edition of the GAAFR is your go-to resource for the latest accounting rules and how to implement them.

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GAAFR Plus

Need more in-depth guidance in local government accounting, auditing, and financial reporting? GFOA’s GAAFR Plus offers important resources to help navigate the ever-changing world of public finance. Take advantage of this subscription today!

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