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MUSC receives Certificate of Achievement 

The Certificate of Achievement for Excellence in Financial Reporting has been awarded to MUSC by the Government Finance Officers Association of the United State and Canada (GFOA) for its comprehensive annual financial report (CAFR). 

The Certificate of Achievement 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.

The certificate is awarded to the department or agency designated by the government as primarily responsible for preparing the award winning CAFR. John C. Sutusky, vice president for finance and administration, was presented the certificate for MUSC. 

The CAFR has been judged by an impartial panel to meet the high standards of the program including demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the CAFR. 

The Office of Financial Management’s Financial Reporting Department prepares the Comprehensive Annual Financial Report for MUSC. The CAFR reports the annual financial portrait of MUSC and its component units including Medical University Hospital Authority, University Medical Associates, Pharmaceutical Education and Development Foundation, and Medical University Facilities Corporation. 
 

Catalyst Online is published weekly, updated as needed and improved from time to time by the MUSC Office of Public Relations for the faculty, employees and students of the Medical University of South Carolina. Catalyst Online editor, Kim Draughn, can be reached at 792-4107 or by email, catalyst@musc.edu. Editorial copy can be submitted to Catalyst Online and to The Catalyst in print by fax, 792-6723, or by email to petersnd@musc.edu or catalyst@musc.edu. To place an ad in The Catalyst hardcopy, call Community Press at 849-1778.