- Wildfire and Disaster Funding Opportunities for Arizona Cities and Towns
- 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?
Author Archives: Diane Bradley
Arizona School District Procurement Updates and Reminders
The start of a new fiscal year comes with changes, and one of the big changes starting July 1, 2019 that school districts will need to incorporate for day-to-day purchasing activities relates to guidelines for requesting quotes. Although, there had … read more
Posted in Articles
Tagged bids, compliance, cooperative contracts, Cynthia Rojo, procurement, purchasing, quotes, school district, USFR
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Arizona School District Travel Tips
Traveling for work can be very hectic, and so can confirming reimbursements are supported once the employee returns. Here is some advice that will help simplify the process and reduce some of the stress when audit time rolls around. The … read more
Posted in Articles
Tagged Arizona, internal controls, reimbursements, school district, travel policy, USFR
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The Time is Now for Cleaning Up Cash Reconciliations
In a recent blog article, Sara Kirk discussed a number of points highlighting the importance of ensuring a district reconciles its records of cash to the county treasurer, a subject that happens to be near and dear to my heart. … read more
Posted in Articles
Tagged accounting, Arizona, audit, cash reconciliation, financial statements, internal controls, Jennifer Shields, school district, USFR
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Proposed Changes to the Governmental Reporting Model
In September 2018, the Government Accounting Standards Board (GASB) issued a Preliminary Views document titled “Financial Reporting Model Improvements.” The document outlines a number of potential changes that GASB has researched since the project began in 2015. Aside from enhancing … read more
Posted in Articles
Tagged accounting, CAFR, financial statements, GASB, government financial statements, governmental accounting, Mike Hoerig
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FASB Exposure Draft on Goodwill Reporting for Nonprofits
Now that we’ve all mastered the updated not-for-profit financial reporting model, and are well prepared to implement the new revenue recognition standard, what could the FASB possibly have in store for us next? If you guessed an update to the … read more
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Tagged accounting, assets, FASB, financial report, goodwill, James Rebenar, nonprofit
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Reconciling Cash to the County Treasurer – What a School District Needs to Know
Reconciliations are an essential internal control tool for numerous reasons. Internal control functions of a reconciliation include the identification of accounting and bank errors and to assist with preventing and detecting fraud by providing an independent review of the transactions … read more
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Tagged accounting, Arizona, bank reconciliations, cash reconciliation, county treasurer, Sara Kirk, school district
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