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Rhode Island Lottery's accounting standards lauded

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By Thomas J. Morgan

CRANSTON, R.I. -- The Government Finance Officers Association of the United States and Canada has awarded a certificate of achievement to the Rhode Island Lottery for the Lottery's high standards in accounting and financial reporting.

The impartial panel of auditing professionals said that the Lottery earned the award for demonstrating a "spirit of full disclosure" to clearly communicate its financial story and motivate the public and others to utilize the report for research and other uses, the Lottery said in a news release on Tuesday

The Lottery has received the award each year since 1997.


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