Tag Archives: USFR

Three Procurement Tips from an Auditor

Non-federal entities other than States, including those operating Federal programs as subrecipients of States, must follow the procurement standards set out in 2 CFR sections 200.318 through 200.326. In addition, all Arizona school districts are required to follow the legislative … read more >

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Sarah Jacobs, CPA, SFO, MBA

Areas of Expertise: GAAP Accounting Principles Arizona Uniform System of Financial Records for School Districts School ERP Pro, powered by Infinite Visions Arizona School District Chart of Accounts Arizona County Superintendent Cash Reconciliations Arizona School District Bank Reconciliations Arizona School … read more >

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Sara Kirk, CPA, CFE

Areas of Expertise: Management and advisory services for Arizona school districts, community grant schools and local governments School district and governmental financial statements Technical advisor to the Association of School Business Officials International’s Certificate of Excellence Program since 2008 Recipient … read more >

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Michael Loren Lauzon, CPA, MBA

Areas of Expertise: Working with governments and non-profits Tribal entities and community grant schools Single Audits (OMB Uniform Guidance) Agreed-upon procedures Compliance reviews Presenter at events sponsored by the Government Finance Officers Association of Arizona, Arizona Society of Certified Public … read more >

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Alex Manriquez

Areas of Expertise: Working with school districts Governmental accounting Financial statement and compliance audits Performance audits of Arizona school districts Uniform System of Financial Records compliance Articles:  Adjacent Ways Projects: Capitalize or Expense? The Evolution of Volunteerism

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Property Control and Tagging Item Concerns for USFR Compliance

The USFR Compliance Questionnaire requires Arizona school districts to appropriately tag stewardship and capital asset items that should then correspond to a district’s stewardship or capital asset listing. The sample size for this requirement has increased over the past few … read more >

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Starting a P-Card Program

Starting a purchasing card program can be a great way of making the acquisition process more efficient. Purchasing cards will help reduce the time required to acquire and obtain goods/services from vendors who don’t accept purchase orders. However, the increase … read more >

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