- Documenting Board Approval for Payroll Contracts
- Travel Reimbursements – Tips for Uncommon Scenarios
- 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: internal controls
DIY Audits for Nonprofits
Small nonprofit organizations often want to undergo an annual audit, because an audit can be a great tool to demonstrate transparency, compliance with policies and procedures, and ensure the financial house is in order. However, for many small nonprofits, the … read more
Posted in Articles
Tagged financial audit, internal audit, internal controls, Jill Shaw, nonprofit, NPO, operations, review
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Arizona School District Travel Reimbursement Changes and Tips to Avoid Common Travel Reimbursement Noncompliance
Increased Mileage Rate The State of Arizona Accounting Manual was recently updated to allow for personal vehicle mileage to be reimbursed at 62.5 cents per mile, an increase from 44.5 cents per mile effective as of January 9, 2023! This … read more
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Tagged Arizona, Eugene Park, internal controls, mileage, school district, travel expenses, USFR
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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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Wait, Where Did My Files Go? (The Importance of Backup Procedures and Disaster Recovery)
Have you ever found yourself in a situation where you realize that you have lost important digital files – maybe a picture was accidentally deleted or your phone broke? It is always disheartening to lose access to your important files. … read more
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Tagged backup, computer systems, information technology, internal controls, IT, Makaela Clapp
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Control Implementation for Growing Non-Profit Organizations
Growth is a great sign for non-profit organizations, but sometimes it can be difficult for an organization’s procedures and controls to keep up with rapid change. When faced with a substantial increase in activity, it is important to evaluate the … read more
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Tagged AJ Taylor, audit, Austin Taylor, compliance, internal controls, nonprofit, NPO
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Year-End Close Out – How to Make It Easier
Closing out your organization’s accounting records each year can be an arduous process. That being said, it is critical to ensuring your organization’s financial reporting is accurate. Closing out the accounting records on a monthly basis and utilizing a checklist … read more
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Tagged accounting, Arizona, audit, financial records, internal controls, Kristen Conway, nonprofit, NPO, year-end
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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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Tagged consulting, government, internal controls, NPO, policy and procedures manual, school district, Virlene Cloyd
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