The State of Colorado Annual Comprehensive Financial Report (ACFR) is a set of financial statements that comply with the accounting requirements established by the Governmental Accounting Standards Board (GASB). The State of Colorado's ACFR must be audited by the Office of the State Auditor using generally accepted government auditing standards.
The Annual Comprehensive Financial Report (ACFR) consists of three sections:
- Introductory - Presents a letter of transmittal from the State Controller, certificate of achievement, and organization chart of the State agencies
- Financial - Presents the independent auditors' report, management's discussion and analysis, basic financial statements, notes to the statements, required supplementary information, and supplementary information
- Statistical - Provides additional financial and statistical data, including data about financial trends that may better inform the reader about the government's activities
Current Fiscal Year
State of Colorado Annual Comprehensive Financial Report for the Fiscal Year Ended June 30, 2023