- 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?
Tag Archives: accounting
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
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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
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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
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Tagged accounting, AI, artificial intelligence, board presentation, finance, financial reporting, government, James Shankland
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GASB 87 Leases – Year 2 Trials and Tribulations
Let’s be honest – implementing GASB 87 for leases was no easy task! From reviewing your organization’s agreements, determining incremental borrowing rates, ensuring amortization schedules were accurate for the financial statements and whole host of other things, the process was … read more
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Tagged accounting, Arizona, capital asset, financial report, GASB, government, Joshua Jumper, leases, school district
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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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Hot Topics for Community Grant Schools
As another year of audits draws to a close, grant schools may find themselves thinking about just the information asked for by their auditors, and wondering where some of these requests came from or how information is used to complete … read more
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Tagged accounting, audit, Cameron Kolb, grant school, internal controls, tribal school
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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
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Tagged account codes, account coding, accounting, Arizona, capital assets, CPA, enterprise resource planning, ERP, financial reporting, Sarah Jacobs, school districts, USFR
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