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- Common Audit Requests for Selections and the ADM 15
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- 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?
- Excel Made Easy – VLOOKUP and XLOOKUP
Tag Archives: Arizona
Can a School District Donate its Surplus Property?
Every school district will eventually be faced with the task of disposing of surplus property. Approved disposal methods are listed in the Arizona Administrative Code R7-2-1131. Before any method is chosen, the district shall determine the fair market value of … read more
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Tagged Arizona, government, school district, surplus property
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Red Flags: Don’t Miss the Warning Signs
According to a recent study by the Association of Certified Fraud Examiners, over 40% of all fraud is detected by a tip, such as a whistle-blower. When fraud occurs, the first thing asked is, “How did we miss that?” Conducting … read more
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Tagged Arizona, data analysis, fraud, government, internal controls, nonprofit, red flags, risk assessment
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The Pros and Cons of a Four-Day School Week
After news of the state education budget cuts, school administrators across the state are faced with the concern and burden of trying to make additional cuts to their already lean district budgets. As another way to reduce operating costs, some districts may … read more
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Tagged administration, Arizona, budget cuts, school district, school week
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Accounting for Donations Received at Year End
Tracking when donations are received is always important, but it is even more crucial at year end as your nonprofit needs to ensure that each donation is recorded in the correct fiscal year. To ensure your accounting records are accurate, … read more
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Tagged 501c3, accounting, Arizona, donations, financial reporting, nonprofit, not-for-profit, NPO
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Are Your Assets Impaired?
Has the use of government property significantly changed? Have governmental buildings been closed? Has a natural disaster changed the use of government property? Are these items included on the capital assets listing? These are some of the questions you should … read more
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Tagged Arizona, capital assets, depreciation, financial statement, fixed assets, government, impairment
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Spotlight on Monitoring the Financial Health of Your Organization – Statement of Financial Position
Does your organization have the ability to weather unexpected financial challenges? This can be critical to those analyzing your financial statements both internally and externally. The amounts reported within the Statement of Financial Position can provide valuable information regarding the … read more
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Tagged accounting, Arizona, financial statement, non-profit, not-for-profit, NPO, statement of financial position
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Volunteer Incentives or Compensation?
Many non-profits could not accomplish everything they do without the help of volunteers. Of course you want to recognize and reward them for all they do for your organization. How can you recognize all your volunteers do for you and … read more
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Tagged accounting, Arizona, compensation, non-profit, not-for-profit, NPO, taxes, volunteer gifts, volunteer recognition
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