Two Organizations Applaud the College for its Financial Procedures
The financial soundness of County College of Morris (CCM) recently was affirmed and applauded by two separate organizations.
For the 15th consecutive year, the Division of Business and Finance’s Accounting department at CCM was awarded a Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada for its comprehensive annual financial report. The fiscal year 2016-17 report was judged by a panel to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure.”
The certificate 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.
Jessica Wander, the director of the Accounting department, and a team of 15 put together the report. Although this specific financial reporting is not required, CCM produces one because it believes in accountability. “It’s more than statements, but a comprehensive report that shows a lot more information to the reader. The certificate also validates that we are in good financial standing,” remarked Wander.
The Division of Business and Finance also recently was commended for its fiscal practices by the Middle States Commission on Higher Education during the commission’s recent reaccreditation process of the college.
That division is directed by Vice President of Business and Finance Karen VanDerhoof. In her capacity as vice president, VanDerhoof manages the departments of Accounting, Auxiliary Services, Budget and Business Services, Capital Projects, Marketing and Public Relations, the Media Center, Plant and Maintenance, Public Safety and Purchasing.
“We are proud to have received these recognitions,” said VanDerhoof. “The college and its employees place a high priority on maintaining CCM’s fiscal soundness and it’s an honor to have that recognized.”
“This recognition certifies that the investment the community contributes to its county college is well utilized for the benefit both of the students we serve and the businesses that employ them,” added Dr. Anthony J. Iacono, president of CCM.