- Preparing for the Future of Single Audits: Navigating the Latest AICPA Guidance
- Common Audit Requests for Selections and the ADM 15
- 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
Author Archives: Diane Bradley
Where Have All the Accountants Gone?
Aside from the nationwide staff shortage all entities have faced due to the global COVID-19 pandemic, the accounting profession is seeing a decline due to two main reasons. On the backend, according to the article ‘Bridging the Gap in the … read more
Posted in Articles
Tagged accounting careers, accounting profession, CPA careers, recruiting, staffing shortage, Virlene Cloyd
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SEFA 101
For organizations requiring a Single Audit, preparing the Schedule of Expenditures of Federal Awards (SEFA) is the first and most crucial step in the process. Without an accurate SEFA, your audit firm will not be able to identify the appropriate … read more
Posted in Articles
Tagged annual audit, federal programs, financial report, government, Kristen Conway, nonprofit, NPO, schedule of expenditures of federal awards, SEFA, Single Audit
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What Happened to My County Aid?
July through September of each year are crunch times for Arizona public school districts. Expenditure activity is reviewed in detail to ensure funding sources are being utilized in accordance with laws and regulations and proper fiscal year reporting. Revenue activity … read more
Posted in Articles
Tagged Arizona, county aid, financial report, funding, Jared Young, school district
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New Financial Statement Governmental Fund Presentation for School District Clients
During this past year, our firm re-evaluated how the financial statements are compiled and decided to make a major change to how funds will be presented. In the past, all individual funds were presented (i.e. Title I Grants, Special Education … read more
Posted in Articles
Tagged accounting, ACFR, Arizona, Cristina Oropeza, financial statement, govermental fund, school district
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GASB 94: P3s and APAs is Effective – Don’t Miss It!
GASB Statement No. 94, Public-Private and Public-Public Partnerships and Availability Payment Arrangements may have not been on your radar, but this standard is effective for the fiscal year ending June 30, 2023, and all reporting periods thereafter. The standard is … read more
Posted in Articles
Tagged accounting, APA, Corey Arvizu, financial statements, GASB, goverment, P3
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Using AI for Communication in Government Finance
If you’ve been to an industry conference lately, read articles in professional publications, or been closely watching the news, you’ve undoubtedly heard of the transformative impact that artificial intelligence (AI) is having on how we work. AI can help us … read more
Posted in Articles
Tagged accounting, AI, artificial intelligence, board presentation, finance, financial reporting, government, James Shankland
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Are Your Cash Receipts Properly Receipted?
Recording cash received is a significant process to almost all entities. It can be especially complicated for school districts in order to meet all requirements in the USFR Compliance Questionnaire. This article will discuss five important processes to consider in … read more
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Tagged accounting, Arizona, cash receipts, internal controls, Katherine Shell, school districts, USFR
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