- 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: Diane Bradley
Whistleblower Policies: Detect Fraud and Promote Integrity
External audits rarely detect fraud in organizations. The fact is tips are the most common method of initial fraud detection. As a result, whistleblowing has emerged as a critical mechanism to combat fraud, corruption, and unethical behavior within organizations. By … read more
Posted in Articles
Tagged audit, fraud, internal control policies, internal controls, policies, Shauna Brewster, whistle blower, whistleblower
Comments Off on Whistleblower Policies: Detect Fraud and Promote Integrity
GASB 96 – Subscription-Based Information Technology Arrangements (SBITA)
With the fiscal year winding down, school finance professionals are focused on closing their books, preparing the AFR, and getting ready for the audit. It’s also the time of year that new accounting standards are evaluated for their impact. This … read more
Posted in Articles
Tagged Arizona, Chris Goeman, GASB 96, SBITA, school district, USFR
Comments Off on GASB 96 – Subscription-Based Information Technology Arrangements (SBITA)
Preventing Fraud in the Era of Remote Work
Remote work has become more prevalent within organizations within the last few years. Remote work has many benefits such as increased productivity and a decrease in turnover. However, there are additional risks regarding fraud associated with remote work. The main … read more
Posted in Articles
Tagged ACFE, Antonio Romero, fraud, fraud prevention, internal controls, leadership, nonprofit, NPO, policies, procedures
Comments Off on Preventing Fraud in the Era of Remote Work
Conduit Debt Obligations
Governmental Accounting Standards Board (GASB) Statement No. 91, Conduit Debt Obligations, provides governments a single method of reporting conduit debt obligations, including disclosures guidance. The statement provides a clarified definition of conduit debt obligations which is expected to resolve uncertainty … read more
Posted in Articles
Tagged conduit debt, Corey Arvizu, debt obligations, financial report, GASB 91, govermental accounting
Comments Off on Conduit Debt Obligations
DIY Audits for Nonprofits
Small nonprofit organizations often want to undergo an annual audit, because an audit can be a great tool to demonstrate transparency, compliance with policies and procedures, and ensure the financial house is in order. However, for many small nonprofits, the … read more
Posted in Articles
Tagged financial audit, internal audit, internal controls, Jill Shaw, nonprofit, NPO, operations, review
Comments Off on DIY Audits for Nonprofits
Foundational Information for the Reporting of Assets by School Districts
Capital asset maintenance is an area often overlooked by school districts. Given the amount of background knowledge and manipulation required to ensure that assets are reported correctly, the task can seem intimidating. To successfully begin the process of maintaining asset … read more
Posted in Articles
Tagged account codes, account coding, accounting, Arizona, capital assets, CPA, enterprise resource planning, ERP, financial reporting, Sarah Jacobs, school districts, USFR
Comments Off on Foundational Information for the Reporting of Assets by School Districts
The Art of Troubleshooting
I am frequently asked what I do as a financial consultant, and I often answer that I am basically a professional question answerer and problem solver. I spend hours each day providing responses to inquiries from clients and business contacts … read more
Posted in Articles
Tagged advisory services, consulting, CPA firm, government, grant school, Sara Kirk, school district, troubleshooting
Comments Off on The Art of Troubleshooting