- Documenting Board Approval for Payroll Contracts
- Travel Reimbursements – Tips for Uncommon Scenarios
- Why Segregation of Duties Matters in an IT Environment
- Don’t Hold Your Breath: Why Water and Wastewater Rates in Arizona Aren’t Falling Anytime Soon
- Do Your Due Diligence!
- What Happens When Cash Isn’t Reconciled
- Adjacent Ways Projects: Capitalize or Expense?
- Excel Made Easy – VLOOKUP and XLOOKUP
- Physical Inventory Considerations
- I Submitted a December Budget Revision, Now What?
Author Archives: admin
Coming Soon! Change to Not-for-Profit Expense Reporting (Part 2)
As discussed in Part 1 of this blog series, one of the new requirements under Accounting Standards Update 2016-14, Presentation of Financial Statements of Not-for-Profit Entities, is enhanced disclosures over the methods used to allocate costs among program and support functions.Allocation … read more
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Tagged Arizona, classification, expenses, FASB, financial statements, functional expenses, nonprofit, NPO, support services
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Coming Soon! Changes to Not-for-Profit Expense Reporting (Part 1)
For the first time in 20 years, FASB has made some major updates to the not-for-profit financial reporting and disclosure model. Accounting Standards Update (ASU) No. 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities was created to improve … read more
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Tagged Arizona, classification, expenses, FASB, financial statements, nonprofit, NPO
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Adjacent Ways – The “Other” Levy Fund
School districts in Arizona levy property taxes for general operational and capital needs. Districts can also levy property taxes for additional needs pending voter approval. Additional needs include bonded debt repayments and operational or capital overrides. However, districts have access … read more
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Tagged accounting, adjacent ways, Arizona, Arizona Revised Statues, CPA, CPA firm, levy, school district, taxes
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Donations – A Quick Guide on How to Record Donated Items
Presentation by Kristen M. Conway, CPA Posted June 21, 2017
Posted in Videos
Tagged accounting, auction, donations, financial statements, nonprofit, NPO, raffle
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The Ins and Outs of Government Fund Financial Statements
This article originally appeared in the May 2017 School Business Affairs magazine and is reprinted with permission of the Association of School Business Officials International (ASBO). The text herein does not necessarily represent the views or policies of ASBO International, and use … read more
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Tagged accounting, ASBO, board, financial statements, management, modified-accrual, school district
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Charitable Contributions – Substantiation & Disclosure Requirements
Presentation by Casey R. Good, CPA Posted May 23, 2017
Posted in Videos
Tagged accounting, Arizona, contribution, donation, IRS, New Mexico, nonprofit, NPO
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Effective School Board Governance to Improve District Performance
Many research studies have been conducted to examine the characteristics of school boards in high-performing districts. These boards are shown to have distinctly different characteristics than low-performing districts, resulting in the conclusion that strong, effective school board governance impacts district … read more
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Tagged accounting, Arizona, CPA, CPA firm, governance, management, oversight, responsibilities, school board, strategic plan
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