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- 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
- Physical Inventory Considerations
- I Submitted a December Budget Revision, Now What?
Tag Archives: government
What is Data Analytics?
Data Analytics is a term that gets thrown around a lot these days. Why is that? What value does it really provide? How can it be used by auditors? Analytics has been used for many years. Before computers even existed, … read more
Posted in Articles
Tagged audit, data analytics, government, nonprofit, testwork
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Federal Procurement Thresholds: Should an Entity Implement a Lower Threshold?
Federal procurement policies require a maximum threshold of $250,000 of expenditures paid to a vendor for a sealed bid or proposal to be necessary (this is not applicable for Arizona school districts as they are required to follow more stringent … read more
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Tagged bids, federal compliance, government, internal controls, municipality, non-profit, policies, procurement, proposals
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Procrastinating on Prioritization?
In today’s world, we are constantly “connected”, and new information is available 24/7. Technology is advancing exponentially fast, and it can be difficult to keep up. With such rapid change, the skill of prioritization is more important than ever. Effective … read more
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Tagged CPA firm, government, NPO, procrastination, productivity, Robyn Krise, soft skills, time management, work life balance
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Good Audit Evidence
As the nature of business and technology continues to advance, audits are also changing and developing. Auditors use professional judgment and professional skepticism to determine if evidence is sufficient and appropriate. Usually when you think of audit evidence, you may … read more
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Tagged aicpa, Arizona, audit, audit evidence, government, Kara Curtis, nonprofit, SAS, standards, Texas
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Deja Vu! – GASB 96
Many are currently working through the implementation of GASB 87, the new lease standard required to be implemented in fiscal year 2022. The net result of the standard is more lease agreements carried on the balance sheet, additional disclosures, and … read more
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Tagged Arizona, audit, Chris Goeman, Christopher Goeman, GASB, government, IT, San Antonio, SBITA, school district, subscription, technology, Texas
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GASB Statement 87, Leases: Common Implementation Questions
There is no time left to procrastinate on preparing to implement GASB Statement 87. If this is your first introduction to the new lease standard, please refer to Christopher Heinfeld’s 2021 article for a basic introduction to the GASB pronouncement. … read more
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Tagged accounting, audit, financial statements, GASB, government, Joshua Jumper, leases, municipality, school district
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Alternative Examination Engagement for Certain CSLFRF Recipients
It is estimated that, as a result of the Treasury Department’s $350 billion Coronavirus State and Local Fiscal Recovery Funds (CSLFRF) program, more than 10,000 new Single AuditsAlternative-Examination-CSLFRF-Recipients will be required. Many recipients of these funds are small, local governments … read more
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Tagged coronavirus, Coronavirus State and Local Fiscal Recovery Funds, COVID, CSLFRF, Federal program, government, program-specific audit, school district, Single Audit
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