The Annual Comprehensive Financial Report (ACFR) focuses on the state’s financial position, covering revenues, expenses, financial trends and more. While the actual report is complex and lengthy, we’ve prepared a user-friendly infographic summary to make this important information about how Washington used public funds accessible to as many people as possible.
The Annual Comprehensive Financial Report (ACFR) is a legislatively mandated report published annually focusing on the state’s financial position covering revenues, expenses, financial trends and more. While the actual report is complex and lengthy, we’ve prepared a user-friendly infographic summary to make this important information about how Washington used public funds accessible to as many people as possible.
Compare to 2023 ACFR summar
Download a PDF version of the 2022 ACFR summary infographic.
Here is a downloadable and printable PDF version.
OLYMPIA – An audit released today provides the first, high-level accounting of some of the circumstances surrounding the major fraud scheme that targeted Washington state's unemployment benefits in the spring.
As part of its annual audit of the state's financial statements, the Office of the Washington State Auditor found that the Employment Security Department (ESD) did not have adequate internal controls to prevent the fraud. The Department also reported inaccurate fraud and recovery numbers for the state's financial statements.
Here is a pdf version of this infographic.
The State Auditor's Office (SAO) performs almost 200 Annual Comprehensive Financial Report (ACFR) reviews each year. Local governments may also submit their ACFR to the Government Finance Officers Association (GFOA) for a Certificate of Achievement for Excellence in Financial Reporting. As part of their ACFR reviews, SAO and GFOA identified several common errors that could affect your government's ability to obtain this certificate.
Here are some common errors and pitfalls to be on the lookout for when preparing your ACFR: