Accounting

This division is under the direction of the Town Accountant and is responsible for maintaining financial records for the Town, Schools, and Reading Municipal Light Department. These records facilitate preparing financial reports and schedules that provide meaningful, accurate information for comparability and management’s decision-making process. Accounting ensures that all financial transactions comply with legal requirements and are correctly recorded on a timely basis. The Accounting Division oversees and processes bills paid by the Town; provides timely and accurate financial reporting services to Town Departments and other key stakeholders, and manages the Town’s accounting system to conform to generally accepted accounting principles and comply with Massachusetts General Laws and Regulations.