Tag Archives: internal control

Avoiding Roadblocks: Top Causes of USFR Transportation Findings for Arizona School Districts

by Cecilia Saez de Jauregui, Staff Associate II Additional Resource: ADE School Finance Guidelines & Manuals

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Property Control and Tagging Item Concerns for USFR Compliance

The USFR Compliance Questionnaire requires Arizona school districts to appropriately tag stewardship and capital asset items that should then correspond to a district’s stewardship or capital asset listing. The sample size for this requirement has increased over the past few … read more >

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School District Physical Inventory Process

Do you know the last time your district completed a full physical inventory over all assets? Did you know that federal rules require an inventory of equipment to be completed every two years and that state rules require the physical … read more >

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Protecting Against Ransomware

Year after year ransomware attacks continue to rise locally, in the US, and across the world.  This increase in prevalence has caused businesses and organizations to emphasize and focus their efforts in developing strong cybersecurity in order to protect against … read more >

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What Impact Will the Pandemic Have on Audits?

In today’s new “normal” during the Coronavirus pandemic, there are many uncertainties, and audits are no exception. While there are several unknowns, one thing is certain – your audit will certainly occur, and there will likely be no relief in … read more >

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A Perfect Audit

Is it possible? Does such a thing as a perfect audit exist? What defines a perfect audit for you? If I had to write a definition, based on many years of performing audits and talking with clients, I believe most … read more >

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Basic Financial Policies for Non-Profits

Financial policies play an integral role in the success of non-profits. Financial policies guide how staff and Board members are expected to operate, while providing clarity and setting expectations. Non-profits are also required to disclose whether they have certain policies … read more >

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