The Comprehensive Annual Financial Report
provides in-depth information about the operations and financial
position of ACERA. Readers will find the Comprehensive Annual
Financial Report helpful in understanding ACERA’s commitment to
financial integrity and member services. Responsibility for both
accuracy of the data, and the completeness and fairness of the
presentation, rests with ACERA’s management. It is our intent to
ensure that the presentation of financial information is accurate
and fair, and all material disclosures have been made.
For an easy-to-read summary version of the Comprehensive Annual
Financial Report, see our Popular Annual Financial
Report.