GSP recognized for financial transparency

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The Government Finance Officers Association of the United States and Canada, or GFOA, has given Greenville-Spartanburg International Airport the Certificate of Achievement for Excellence in Financial Reporting Award after the airport submitted its first comprehensive annual financial report for review.

“Recognition from such an esteemed body is a significant accomplishment for GSP and demonstrates the airport’s commitment to full disclosure and transparency,” Basil Dosunmu, GSP senior vice president of administration and finance and CFO, said in a news release. “This award is only given to those willing to share more than the minimum requirements in financial reporting.”

Governmental organizations voluntarily submit comprehensive financial annual reports to GFOA for review by an impartial panel to ensure documents meet the program’s standards while communicating an organization’s financial story and motivating users to read those reports, the release said.

GFOA is a professional association that serves the needs of more than 20,000 appointed and elected local, state and provincial-level government officials and other finance practitioners. It provides publications, training, services and products designed to enhance the skills and performance of people responsible for government finance policy and management. The association is headquartered in Chicago and has offices in Washington.