Tag Archives: Mike Hoerig

2025 USFR CQ Changes: What Arizona Districts Need to Know

If you follow Arizona school district happenings, then you probably know that the 2025 legislative session ended on June 27, 2025, and (absent an emergency clause) the new laws will take effect September 26, 2025. Additionally, with the end of … read more >

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Mike A. Hoerig, CPA

Areas of Expertise: Working with governments and non-profits Yellow Book and Single Audits (OMB Uniform Guidance) – recipient of the Advanced Single Audit Certificate from the AICPA Financial statement and compliance audits Annual Comprehensive Financial Report submissions to ASBO International … read more >

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Goals and Objectives of Governmental Financial Statements

Governmental financial statements are unique in the world of accounting, and the recent flurry of new accounting pronouncements has added to the uniqueness. For perspective, the Governmental Accounting Standards Board (GASB) has issued 13 pronouncements in the last five years, … read more >

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Valuing Output Over Hours

The COVID pandemic has forced all of us to learn new ways of doing things – including how to work. While some organizations struggled with the change, others transitioned smoothly, especially if they had already embraced flexible working arrangements (FWA) … read more >

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GASB Standards Update

The Governmental Accounting Standards Board (GASB) has been, seemingly, busier in recent years researching, deliberating, and issuing a number of standards that will take effect in coming years. While some relief was provided with the passage of GASB Statement No. … read more >

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Proposed Changes to the Governmental Reporting Model

In September 2018, the Government Accounting Standards Board (GASB) issued a Preliminary Views document titled “Financial Reporting Model Improvements.” The document outlines a number of potential changes that GASB has researched since the project began in 2015. Aside from enhancing … read more >

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