Tag Archives: school district

Alternative Examination Engagement for Certain CSLFRF Recipients

It is estimated that, as a result of the Treasury Department’s $350 billion Coronavirus State and Local Fiscal Recovery Funds (CSLFRF) program, more than 10,000 new Single AuditsAlternative-Examination-CSLFRF-Recipients will be required. Many recipients of these funds are small, local governments … read more >

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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 >

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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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Tips to Have Your Capital Asset Schedules Ready for Your Audit

Capital assets are usually a significant account balance on your financial statements. That means capital assets are material and your auditors will want to review your capital asset schedules to ensure your financial statements are free from material misstatements. It … read more >

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Tips for Creating a Succession Plan

Your organization does important work and it is thriving. Performance goals are being met, work is efficient, and employees are happy all thanks to the hardworking team of individuals in place right now. But then, life happens. Director X wants … read more >

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Total Compensation Statements, a Total Headache?

Total compensation statements are all the buzz in the payroll and human resources world of school districts with new legislation requiring districts to furnish these statements annually to their employees. With all the discussion about total compensation statements, it seems … read more >

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Report Submissions – What Your District Needs to Know

Around this time of year, school districts have to ensure reports are submitted to the appropriate agencies to meet various reporting requirements.   A summary of information containing instructions for the most common reporting requirements is as follows: Association of School … read more >

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