FINANCIAL REPORTING
John Newell, Director
The Office of Financial Reporting (OFR) is responsible for accurate financial reporting for the State by providing oversight and assistance to state agencies. OFR primary responsibilities include:
- Prepare the State of Mississippi's Comprehensive Annual Financial Report (ACFR).
- Assist state agencies in matters concerning Governmental Generally Accepted Accounting Principles (GAAP), including preparation of all state agencies’ financial statements (GAAP packets).
- Collect federal grant information for inclusion in the Single Audit.
- Prepare the Annual Report of Budgetary Basis Expenditures, a supplement to the ACFR.