Author Archives: Diane Bradley

Managing the Overload: Tips for Stressful Days

Deadlines. Documentation. Financials that just won’t balance. Emails piling up faster than you can read them. And just when you finish one task, here comes another deadline — on repeat. Sound familiar? I’m a wife and a mother of three, … read more >

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New Audit Year, New Audit Requests Portal

The year’s impending audit usually commences once your auditor has notified you that the new requests are ready for you to review and address. However, it may look a little different this year. After several years of using Engagement Organizer … read more >

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GASB Statement No. 100 – Part II

In the previous article here, we discussed an overview of GASB Statement No. 100. However, in this article, we will focus on the logistics of a change within the financial reporting entity caused by a change in major funds, and … read more >

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GASB 103: Turning Numbers into Digestible Narrative in Your MD&A

Given my chosen career, I read a lot of financial statements, and I can tell you firsthand that some are more interesting than others. While the statements alone can paint a picture, it is the story that accompanies the statements … read more >

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Understanding the Latest GASB Audit Updates: What You Need to Know About Statement 101

Why the Change? The goal of GASB 101 is to standardize and clarify the accounting treatment of compensated absences, ensuring consistent recognition of leave-related liabilities across governmental entities. These changes are meant to enhance transparency and comparability in financial reporting. … read more >

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Managing Grant Balances

Arizona school districts receive various federal and state grants each year. Almost all these grants operate on a cost reimbursement basis, meaning funds are expended by the district on allowable and budgeted costs, and then a reimbursement request is submitted … read more >

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Why Audits Are Important

Oh no, did the IRS or a governing body send you a letter saying you need an audit and now you don’t know what to do? An audit is stereotypically required because an entity did something wrong and the IRS … read more >

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