North Tidewater News

The Portsmouth City Treasurer’s office received its accreditation from the Treasurers’ Association of Virginia (TAV) on June 20, 2023.

The Office Accreditation program is a voluntary professional certificate program overseen by the Treasurers’ Association of Virginia. Seventy-seven treasurer’s offices received accreditation this year.

While it is not required for any treasurer’s office to be accredited, receiving accreditation acknowledges that the office meets the statewide best practices for performance in treasury management. 

As part of the accreditation process, offices must pass an outside audit with no material weakness findings. 

The rigorous accreditation process also requires proof of continuing education, such as attendance of an ethics course by the treasurer (or a principal officer) and educational requirements for all staff. Accredited offices must have written policies addressing areas such as personnel, customer service, and delinquent collections.

“These offices exemplify the highest standards of excellence and integrity measured by our association,” says Treasurers’ Association President Michael Stephens. “We are proud of the 77 offices which received accreditation this year and the hard work and dedication it took for each of them to achieve this special designation.”

About the Treasurers’ Association, The Treasurers’ Association has 180 active members across Virginia’s cities, counties, and towns. Their goal is to utilize education and networking to raise professionalism and fiscal leadership in Virginia’s Treasurers and their staff. The Association hosts multiple classes and conferences to support its members and enable offices to stay current in practices and standards. Members adhere to a strict code of ethics and to the highest standards of performance as they seek to administer faithfully the funds entrusted to them by the citizens of Virginia; for more information, visit www.vatreas.org.

Original source can be foundhere.