- 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: James Shankland
Single Audit Threshold Changes
In April 2024, the Office of Management and Budget (OMB) raised the Single Audit threshold from $750,000 to $1,000,000, a change that significantly impacts non-federal entities such as state and local governments and non-profit organizations. This increase, effective for fiscal … read more
Posted in Articles
Tagged Arizona, expenditures, Federal program, government, grants, James Shankland, nonprofit, NPO, OMB, Single Audit, single audit threshold changes
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James Shankland, CPA
Areas of Expertise: Audit and other assurance services for school districts, municipalities and non-profit organizations Recipient of the Advanced Single Audit Certificate from the AICPA Annual Comprehensive Financial Reports Single Audits (Uniform Guidance) Agreed-upon procedures Presenter at conferences and trainings … read more
Posted in Profiles
Tagged audit, audit manager, CPA, Flagstaff, government, James Shankland, NAU, nonprofit, NPO, school districts
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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
Posted in Articles
Tagged accounting, AI, artificial intelligence, board presentation, finance, financial reporting, government, James Shankland
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Important Guidance on the State and Local Fiscal Recovery Funds Program
One thing we can all say is that the pandemic continues to have rippling effects on state, local, and tribal governments, many of whom are still struggling with the economic and public health impacts of COVID-19. In response, the American … read more
Posted in Articles
Tagged American Rescue Plan Act, Arizona, ARPA, compliance, Conoravirus State and Local Fiscal Recovery Funds, COVID-19, Federal program, goverment, James Shankland, school district, SEFA, Single Audit, SLFRF, Texas
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Tips for Effective Capital Asset Reporting for School Districts
As your school district prepares for its upcoming audit, you may be scrambling to get everything in order – including finalizing the District’s general ledger, reconciling cash records to those of the County Treasurer, and of course, preparing capital asset … read more
Posted in Articles
Tagged accounting, capital asset reporting, capital assets, compliance, financial statements, inventory, James Shankland, school district, USFR
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How to Run Effective Meetings
Everyone knows that running an efficient meeting, where all necessary topics get discussed and everything ends on time, can be very difficult. At best, an inefficient meeting results in frustration, or perhaps boredom. At worst, it means plummeting productivity, low … read more
Posted in Articles
Tagged communication, James Shankland, personal development, soft skills, team
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Arizona School District Procurement – When is a Competitive Bid Not Needed?
Arizona school districts are subject to a myriad of laws and regulations regarding procurement, which is the act of obtaining or procuring goods or services, often via a competitive bidding process. Effective procurement procedures are beneficial in several ways. They … read more
Posted in Articles
Tagged Arizona, bids, compliance, James Shankland, procurement, purchasing, school district
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