- 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
Application of Benford’s Law in Audits
by Marie Hoie, Data Analyst
Posted in Videos
Tagged auditing, data analytics, government, nonprofits, NPO
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Public Disclosure of Form 990
The IRS Form 990 is an informational tax return that provides an annual summary of the organization’s activities, governance and detailed financial information. Because the Form’s purpose is to provide public information, it makes sense that organizations must make their … read more
Posted in Articles
Tagged 501c3, charities, Form 990, Kara Curtis, nonprofit, NPO, public disclosure, public records, tax return
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Questions to Ask Before Joining a Non-Profit Board
Being asked to join a non-profit Board of Directors can be an honor and a big responsibility. If asked to join a Board for a non-profit organization, it is important for a potential candidate to ask the organization and oneself … read more
Posted in Articles
Tagged board, Eric Taylor, mission, nonprofit, NPO, volunteering
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Subrecipient Monitoring – A Deeper Dive into the Requirements under Uniform Guidance
As auditors we often see deficiencies in the area of subrecipient risk assessment and monitoring at the pass-through entity level. If your entity is subject to a Single Audit and acts as a pass-through entity of federal funds to subrecipients … read more
Posted in Articles
Tagged audit, Brittney Williams, federal programs, grant compliance, risk assessment, Single Audit, uniform guidance
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Identifying Unrelated Business Income
It is a common misconception that all revenues generated by non-profit organizations are tax-exempt. However, as more non-profit organizations look to utilize creative avenues of revenue generation to support or expand existing services, each organization must perform the necessary analysis … read more
Posted in Articles
Tagged business income, Form 990, income tax, nonprofit, NPO
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Common SEFA Errors and How to Avoid these Hazards
What is the Schedule of Expenditures of Federal Awards (SEFA)? Oh yeah, it’s one of those documents my auditors are always asking about. Although it might seem like just another part of the audit preparation, the SEFA serves several very … read more
Posted in Articles
Tagged federal programs, financial report, government, grants, Michael Lauzon, nonprofit, Single Audit
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What We Can Learn from Fraudsters
What can we learn from fraudsters? Within the last year in Arizona, there have been multiple fraud cases. The Arizona State Auditor General’s website has issued seven financial Investigation reports from January 2017 through May of 2018. This list includes … read more
Posted in Articles
Tagged accounting, fraud, internal controls, Melanie Askew, separation of duties, theft
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