Tag Archives: government

Policies and Procedures, Please

What are policies and procedures? By definition, a policy is “a course or principle of action adopted or proposed by a government, party business, or individual” – in other words, the rules or guidelines that should be followed. Whereas, a … read more >

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Tips to Have Your Capital Asset Schedules Ready for Your Audit

Capital assets are usually a significant account balance on your financial statements. That means capital assets are material and your auditors will want to review your capital asset schedules to ensure your financial statements are free from material misstatements. It … read more >

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Most Frequently Asked Questions of 2021

Have you ever asked, “Why are the auditors asking for this?” Believe it or not, this is a very common (and understandable) question, and we also receive a variety of other questions throughout the audit process. So rest assured that … read more >

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COVID-19 and the Changing Landscape of Single Audits

What hasn’t changed in the last two years in the world?  Audits and, in particular, Single Audits are no exception.  With over $10.1 billion being granted to Arizona communities in federal award obligations, this marks the greatest influx of federal … read more >

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Tips for Creating a Succession Plan

Your organization does important work and it is thriving. Performance goals are being met, work is efficient, and employees are happy all thanks to the hardworking team of individuals in place right now. But then, life happens. Director X wants … read more >

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How Strong is Your Password?

Let’s begin with a question. Which tactic do you use to “remember” your most important passwords? Write them down on a post-it and hide it at your desk. No need to remember, just keep trying different combinations of your kid’s … read more >

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Data Analytics in Auditing and Consulting – Part I

As financial auditing and consulting evolves every year, there seems to be a growing emphasis on utilizing data analytics in new and existing auditing methodologies. Embracing the role that data analytics plays in this aspect, HeinfeldMeech is constantly applying and … read more >

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