Orange County Auditor-Controller Eric H. Woolery, CPA, is proud to announced that the Annual Comprehensive Accounting Financial Report (CAFR) and its accompanying Citizen’s Report for 2017 has been completed and released for the public. This year’s reports honored our local law enforcement, the Orange County Sheriff Department, with a theme of “Public Safety.”
The Comprehensive Accounting Financial Report (CAFR) is the audited financial statement for the County’s prior fiscal year. It is designed to fairly present the financial position as well as changes in the financial position of the County. Every year the Auditor-Controller releases the CAFR for the prior fiscal year ending June 30. The document is prepared in accordance with Sections 25250 and 25253 of the Government Code of the State of California, and must be released no later than December 31. An outside auditing firm is retained to audit the report.
In addition to the CAFR, the Auditor-Controller prepares a common language Citizens’ Financial Report, also known as the Popular Annual Financial Report (PAFR), which summarizes key aspects of the CAFR in layman’s terms. In addition, we seek input from community groups and leaders to target information that they believe may be of particular interest to the public.