Cheltenham, PA -- (SBWIRE) -- 07/31/2014 -- The Government Finance Officers Association of the United States and Canada (GFOA) notified the School District of Cheltenham Township of its award of the GFOA’s Certificate of Achievement for Excellence in Financial Reporting for the District’s Comprehensive Annual Financial Report (CAFR). This is the third year successively that School District of Cheltenham Township has received this award, and the sixth year that Matthew Malinowski, Director of Business Affairs, has received recognition.

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 the district and its management.

An Award of Financial Reporting Achievement has also been awarded to the District’s Director of Business Services, Matthew Malinowski, for his responsibility in preparing the award-winning CAFR.

The award program was established in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that motion the spirit of transparency and full disclosure and to recognize individual governments that succeed in achieving that goal.

The CAFR was 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 to motivate potential users and user groups to read the CAFR.

The Government Finance Officers Association is a non-profit professional association serving nearly 17,400 government finance professionals throughout North America.

About Matthew J. Malinowski:
Matthew J. Malinowski currently serves as Director of Business Affairs for the Cheltenham Township School District. In Cheltenham he oversees services including food service, transportation, and financial reporting. He holds an M.P.A from the University of Pittsburgh and has worked for over a decade providing financial consulting for both school and government entities. For information please visit http://www.matthewjmalinowski.com/.