Tag Archives: accounting

Calendar Year End Reminders

As we turn the calendar to a new year, there are several calendar year end reminders to bump to the top of your to-do list.  Payroll Reminders and Updates W2’s must be filed with the Social Security Administration and mailed … read more >

Posted in Articles | Tagged , , , , , , , , , , | Comments Off on Calendar Year End Reminders

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 >

Posted in Articles | Tagged , , , , , , | Comments Off on New Financial Statement Governmental Fund Presentation for School District Clients

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 >

Posted in Articles | Tagged , , , , , , | Comments Off on GASB 94: P3s and APAs is Effective – Don’t Miss It!

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 >

Posted in Articles | Tagged , , , , , , , | Comments Off on Using AI for Communication in Government Finance

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 >

Posted in Articles | Tagged , , , , , , , , | Comments Off on GASB 87 Leases – Year 2 Trials and Tribulations

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 >

Posted in Articles | Tagged , , , , , , | Comments Off on Are Your Cash Receipts Properly Receipted?

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 >

Posted in Articles | Tagged , , , , , | Comments Off on Hot Topics for Community Grant Schools