Washington State Auditor Pat McCarthy has been appointed to the executive committee of the National State Auditors Association. The nonpartisan group represents state auditors’ interests in financial management and provides training and resources to professionals in the field.
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Today, the Office of the Washington State Auditor issued reports declaring three small local governments unauditable, bringing the total of such reports to seven for 2020.
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In July, we told you about changes to the single audit due dates and information required to be reported on the Schedule of Expenditures of Federal Awards (SEFA). Additional guidance was published in the 2020 Compliance Supplement Addendum on Dec. 22, 2020, by the U.S. Office of Management and Budget. As you read through the entire addendum, here are some key items for your attention
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2020 has been a year unlike any other. However, we at the Office of the Washington State Auditor still have a responsibility to report on what we’ve done this year. We invite you to click through our interactive 2020 annual report in this blog post.
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The Overview of Changes contains detailed descriptions of the changes and links to the appropriate sections of the Manuals. Please refer to the Alerts and Changes tab for determining which revisions might affect your 2020 annual reporting.
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An audit released today provides the first, high-level accounting of some of the circumstances surrounding the major fraud scheme that targeted Washington state’s unemployment benefits in the spring.
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You might see some red flags on the Schedule 01 that you haven’t seen before. In previous years, you might have received a yellow flag with the error message: “This BARS account may not be allowable in this fund type.” Starting in 2021 (reporting year 2020), we have changed this yellow flag to a red flag. To help local governments with this new error message, we have compiled a list of all BARS accounts that will be affected and their applicable fund types. Red flags must be corrected before submitting your annual report.
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The BARS Manuals (GAAP and cash) are being updated beginning today. During the updates, sections of both online BARS Manuals will be unavailable for use.
… CONTINUE READING → Beginning in 2021, the Local Government Advisory Committee, which advises the Office of the Washington State Auditor, will be more representative of government types across the state.
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We know local governments face significant challenges this year. The Center for Government Innovation can help governments be well informed when making difficult financial decisions.
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