Author Archives: Diane Bradley

Goals and Objectives of Governmental Financial Statements

Governmental financial statements are unique in the world of accounting, and the recent flurry of new accounting pronouncements has added to the uniqueness. For perspective, the Governmental Accounting Standards Board (GASB) has issued 13 pronouncements in the last five years, … read more >

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The Benefits of Establishing and Communicating Written Policies and Procedures for Non-Profit Organizations

No matter the size, structure, or mission, a non-profit organization can benefit from developing written policies and procedures and making them accessible to employees. While we often use these terms interchangeably, there are distinct differences between the two. Policies create … read more >

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Student Fundraisers – Get Them Approved!

Student activities fundraisers provide a great opportunity to teach students valuable life skills while also generating financial support for their club’s goals. Student clubs are the only group authorized by Arizona Revised Statutes to hold a school fundraiser. School district … read more >

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The Importance of Explainability in Artificial Intelligence (AI) in Governmental Accounting

AI is a buzzword that is being thrown around a lot these days. The term Artificial Intelligence was first coined in 1955 by John McCarthy, a Stanford University professor. He defined AI as “the science and engineering of making intelligent … read more >

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When Gifts and Gratuities Cross the Line

In the setting of gift-giving and receiving gratuities there is a delicate balance exists that when crossed can lead to unforeseen consequences. Although generosity is commonly appreciated, there are instances where gifts and gratuities become too generous, potentially creating discomfort … read more >

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Ensuring USFR Compliance While Switching to Online Enrollment Forms

With student attendance reporting being the third largest section of the Auditor General’s Uniform System of Financial Records (USFR) Compliance Questionnaire for Arizona school districts, great focus should be placed on attendance compliance controls by districts across the state. The … read more >

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Announcing Corey Arvizu’s Retirement

After 28 years of dedicated service, HeinfeldMeech announces that Corey Arvizu will be retiring as a partner with the firm on June 30. In his time with the firm, his knowledge of governmental accounting and auditing has benefited his clients and colleagues tremendously. He also served … read more >

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