LCC Awarded for Financial Excellence from National Association
April 5, 2016
LANSING, MICH. - Lansing Community College (LCC) was recently awarded the Certificate of Achievement in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA), based on the College's Comprehensive Annual Financial Report.
The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting, and represents a significant accomplishment by LCC.
"These awards showcase the financial integrity of the College," said LCC President, Dr. Brent Knight. "It speaks highly of our Financial Division and we are honored to receive this recognition from the GFOA."
The Report was judged by a panel to meet the high standards of the program—including demonstrating a "spirit of full disclosure."
In February, LCC's Financial Services Division was also awarded the Distinguished Budget Presentation Award in recognition of the division's budget presentation.
In a letter to President Brent Knight, GFOA's Stephen J. Gauthier wrote that: "Through your example, we hope that other entities will be encouraged to achieve excellence in budgeting."
The College has been awarded both the Certificate of Achievement in Financial Reporting and the Distinguished Budget Presentation Award for the last seven consecutive years.
The GFOA is a nonprofit professional association that offers benchmarking and independent analysis of public accounting practices and financial reporting. For more information about GFOA, please visit gfoa.org.
LCC's financial information, including the Budget Presentation and Annual Financial Reports, can be found at lcc.edu/finservices/.
About Lansing Community College
Lansing Community College is Michigan's third largest community college with approximately 15,000 students attending each year. LCC offers courses in general education for those interested in transferring to a four-year institution, career and workforce development, developmental education, and personal enrichment. To meet the professional development and training needs of regional employees, the college offers customized programs for credit, non-credit, and continuing education. The University Center at LCC offers students the opportunity to earn bachelor's and master's degrees from six partner universities on the downtown LCC campus. For more information, visit lcc.edu.