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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
- Physical Inventory Considerations
- I Submitted a December Budget Revision, Now What?
Tag Archives: government
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 2024, accounting, Arizona, government, HR, Karin Smith, nonprofit, payroll, school district, taxes, year end reminders
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GASB “101” – An Introduction to How the GASB Issues New Statements
As a public accounting firm specializing in governmental accounting and auditing, we often share articles on accounting pronouncements issued by the Governmental Accounting Standards Board (GASB). Whenever a new GASB statement is issued, we often hear comments from our clients … read more
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Tagged ACFR, Arizona, audit, financial reporting, GASB, GASB statement, government, Jennifer Shields, school district
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GASB 101 – Compensated Absences
I’m sure if you have been to one of HeinfeldMeech’s recent trainings you may have heard that the Governmental Accounting Standards Board (GASB) just crossed 100 issued Statements. While GASB Statement 101 won’t have quite the same financial impact that … read more
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Tagged compensated absences, employee leave, financial statements, GASB, government, Michael Lauzon, school district, unvested leave, vested leave
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SEFA 101
For organizations requiring a Single Audit, preparing the Schedule of Expenditures of Federal Awards (SEFA) is the first and most crucial step in the process. Without an accurate SEFA, your audit firm will not be able to identify the appropriate … read more
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Tagged annual audit, federal programs, financial report, government, Kristen Conway, nonprofit, NPO, schedule of expenditures of federal awards, SEFA, Single Audit
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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
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Tagged accounting, AI, artificial intelligence, board presentation, finance, financial reporting, government, James Shankland
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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
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Tagged accounting, Arizona, capital asset, financial report, GASB, government, Joshua Jumper, leases, school district
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The Art of Troubleshooting
I am frequently asked what I do as a financial consultant, and I often answer that I am basically a professional question answerer and problem solver. I spend hours each day providing responses to inquiries from clients and business contacts … read more
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Tagged advisory services, consulting, CPA firm, government, grant school, Sara Kirk, school district, troubleshooting
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