Tag Archives: CAFR

Kara M. Curtis, CPA

Areas of Expertise: Working with school districts, local governments, and non-profits Recipient of the Advanced Single Audit Certificate from the AICPA Financial statement and compliance audits Employee benefit plan audits Annual Comprehensive Financial Report submissions to ASBO and GFOA  Instructor … read more >

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Mike A. Hoerig, CPA

Areas of Expertise: Working with governments and non-profits Yellow Book and Single Audits (OMB Uniform Guidance) – recipient of the Advanced Single Audit Certificate from the AICPA Financial statement and compliance audits Annual Comprehensive Financial Report submissions to ASBO International … read more >

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Auditor Prepared Financial Statements – What Your School District Needs to Know

A few years ago, I recorded a video blog on The Do’s and Dont’s of Reviewing Your School District Audited Financial Statements.  This blog reviewed key information that your school district should know in order to perform a thorough and … read more >

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Understanding the New Independence Rules Related to Financial Statement Preparation

(originally published on April 15, 2020) Have you heard of the new Yellow Book or Government Auditing Standards issued by the Governmental Accountability Office?   If not, that’s OK – this article aims to provide you with some critical information to … read more >

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Governmental Financial Reporting and COVID-19

There are a multitude of ways that a global pandemic can affect financial reporting, and the unique nature of governmental organizations (which are intertwined with most facets of our local and regional communities) can further compound and complicate the impacts. … read more >

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The Do’s and Don’ts of Reviewing School District Financial Statements

by Sara Kirk, CPA, CFE, Consulting Manager

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Proposed Changes to the Governmental Reporting Model

In September 2018, the Government Accounting Standards Board (GASB) issued a Preliminary Views document titled “Financial Reporting Model Improvements.” The document outlines a number of potential changes that GASB has researched since the project began in 2015. Aside from enhancing … read more >

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