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The Audit Connection Blog

Results for: Financial management


The State Auditor’s Office and MRSC expand financial policy guidance

April 27, 2017

Financial policies are an essential component of any local government’s financial health, but financial policy needs vary considerably from jurisdiction to jurisdiction. Different types of entities (cities, towns, counties, and special purpose districts) have different needs depending on size, scope of activities, organizational and staffing structures, contractual and program structures, and the governing body’s values and priorities.

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New checklist for Cash Basis financial statements

September 21, 2016

The State Auditor’s Office is responsible for examining the financial affairs of all local governments in the state. We conduct more than 2,000 audits of local governments each year. Using the results of those audits, our Office then evaluates the overall patterns and that were reported.

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