Tuesday – December 12, 2017

Comprehensive Annual Financial Report

MATC prepares and issues a Comprehensive Annual Financial Report (CAFR). The college's CAFR is prepared in accordance with the Governmental Accounting Standards Board and contains:

  • The audited financial statements for the college
  • Information about the activities of the preceding fiscal year
  • Statistical information regarding the college's finances and operations

MATC's CAFR for the fiscal year 2004-05 received two national awards for excellence in financial reporting, from the Government Finance Officers Association of the United States and Canada, and from the Governmental Reporting Awards Through Evaluation.