Annual Comprehensive Financial Report (ACFR)
Consistent with Governmental Accounting Standards Board (GASB) Statement No. 98, the State Controller’s Office (SCO) changed the name of the Comprehensive Annual Financial Report, beginning with the report dated June 30, 2020. The change is the result of an increasing professional awareness that the report’s former acronym, when pronounced aloud, sounds the same as a derogatory term historically used in South Africa as a racial slur towards Black Africans, with ties to Apartheid. The adoption of GASB Statement No. 98 by SCO may impact the URL web links for reports published in previous fiscal years.
Year Ended June 30