The Financial Reporting and Compliance team maintains FCPS’ financial records in accordance with generally accepted accounting principles, ensures compliance with the requirements of the Governmental Accounting Standards Board, prepares the award-winning Comprehensive Annual Financial Report; performs analytical reviews and account reconciliations; coordinates the annual external audit; maintains the inventory system; completes the state-mandated annual school report and other management reports; monitors internal controls throughout FCPS’ decentralized financial operations; ensures reliable financial data, and meets the statutory responsibility of financial operations.