- 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: Katherine Shell
Do Your Due Diligence!
Has someone ever asked you: “Do your due diligence?” It is a common phrase in the business office and more specifically, purchasing department. Today, we will discuss the importance of this phrase and performing due diligence as it relates to … read more
Posted in Articles
Tagged accounting, Arizona, audit, due diligence, Katherine Shell, procurement, purchasing, school district, USFR
Comments Off on Do Your Due Diligence!
How to Write an Effective Corrective Action Plan
Your entity is near the end of the audit process, and you can see the light at the end of the tunnel. Unfortunately, there is one roadblock—the entity received a significant deficiency or material weakness finding in the report and … read more
Posted in Articles
Tagged audit findings, corrective action plan, government, internal controls, Katherine Shell, nonprofit, NPO, Single Audit
Comments Off on How to Write an Effective Corrective Action Plan
Katherine Shell, CPA
Areas of Expertise: Working with school districts, municipalities, and non-profit organizations Financial statement and compliance audits Recipient of the Advanced Single Audit Certificate from the AICPA Reviews of Annual Comprehensive Financial Reports for ASBO International’s Certificate of Excellence Program Reviews … read more
Posted in Profiles
Tagged aicpa, Arizona, ASCPA, auditor, CPA, government, Katherine Shell, nonprofit, NPO, Phoenix, school district, Scottsdale
Comments Off on Katherine Shell, CPA
Are Your Cash Receipts Properly Receipted?
Recording cash received is a significant process to almost all entities. It can be especially complicated for school districts in order to meet all requirements in the USFR Compliance Questionnaire. This article will discuss five important processes to consider in … read more
Posted in Articles
Tagged accounting, Arizona, cash receipts, internal controls, Katherine Shell, school districts, USFR
Comments Off on Are Your Cash Receipts Properly Receipted?
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
Posted in Articles
Tagged Arizona, audit, FAQ, government, Katherine Shell, nonprofit, NPO, school districts, Single Audit
Comments Off on Most Frequently Asked Questions of 2021
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
Posted in Articles
Tagged audits, coronavirus, COVID-19, Federal program, government, internal control, Katherine Shell, nonprofit, NPO, pandemic, reporting, Single Audt
Comments Off on What Impact Will the Pandemic Have on Audits?