skip to main content

The Audit Connection Blog

Results for: Local governments


Guide to Unauditable Governments in Washington infographic

May 23, 2019

State laws require local governments to be audited by our Office and for them to submit annual financial reports, yet every year many governments do not meet these obligations. Failure to be audited and provide annual financial reports keeps the public in the dark about how public money is being used, and impairs the decision making of management and elected officials.

… CONTINUE READING →
A drainage ditch along an agricultural field

Auditor’s Office issues fraud report regarding troubled King County drainage district, calls for public engagement in government accountability

May 22, 2019

Today the Office of the Washington State Auditor released a pair of reports regarding King County Drainage District 5: a fraud investigation and a new type of report identifying the district as “unauditable.”
The Office also published an online guide to more than 35 other small local governments that have failed to file any public financial information for years, rendering them unauditable.

… CONTINUE READING →
Financial graphs and charts report with pen on desk of business advisor. financial and accounting report concepts.

Avoid these common errors while preparing this year’s Comprehensive Annual Financial Report

May 14, 2019

The State Auditor’s Office (SAO) performs almost 200 Comprehensive Annual Financial Report (CAFR) reviews each year. Local governments may also submit their CAFR to the Government Finance Officers Association (GFOA) for a Certificate of Achievement for Excellence in Financial Reporting. As part of their CAFR reviews, SAO and GFOA identified several common errors that could affect your government’s ability to obtain this certificate. 

… CONTINUE READING →
Close-up Of Businessperson Hands Checking Invoice With Magnifying Glass At Desk

McCarthy says Wapato audits show need for accountability in the city

May 2, 2019

YAKIMA – The Office of the Washington State Auditor published two audits of the City of Wapato today, documenting significant violations of government standards. The accountability and financial audits include eight findings, an unusually high number and cause for concern. The State Auditor’s Office (SAO) also issued a letter to Wapato leadership responding to concerns that the public raised about the city. The reports come after SAO issued a fraud report in February detailing a $300,000 misappropriation in Wapato.
“These audits speak to a basic lack of accountability and transparency in the city,” said State Auditor Pat McCarthy. “It is important the State Auditor’s Office shine a light on issues that need public attention, and the situation in Wapato is deeply concerning.”

… CONTINUE READING →
Updated City and County Revenue Guides from the Municipal Research and Services Center.

New city and county revenue guides published

February 25, 2019

For many years, city and county officials have relied on the Municipal Research and Services Center’s (MRSC) Revenue Guides to better understand their various – and often confusing! – revenue options. And now, in partnership with the State Auditor’s Office (Center for Government Innovation (formerly known as the Performance Center), we’re excited to announce that we’ve completely re-written and re-published the two documents! Here are some of the highlights.

… CONTINUE READING →
Lease agreement being filled out.

Lease accounting changes are coming soon

January 24, 2019

The new accounting and reporting standard regarding leases – GASB 87 – will take effect for reporting periods beginning after December 15, 2019, and apply retroactively as if the standard was in place at the beginning of the implementation period. Early implementation is encouraged.

… CONTINUE READING →

Employer reporting requirements for other post-employment benefits (OPEB) have taken effect

January 11, 2019

Governmental Accounting Standards Board (GASB) Statement 75, Accounting and Reporting for OPEB is effective for the Reporting Year 2018 (this year!). OPEB, or post-employment benefits other than pension, includes benefits such as healthcare provided through a pension plan or separately (medical, dental, vision, hearing, etc.) and other benefits when provided separately from a pension plan, such as: life insurance, long-term care, disability, and more.

… CONTINUE READING →