There is much to think about when employees leave your employment, including hiring and training the new employee and divvying up duties in the meantime. Human resources might refer to this as “offboarding.” You might have someone complete a checklist to ensure departing employees return items like ID badges, building keys, cell phones or computers.
Below is more information about each of SAO's updated procurement resources, and the improvements made.
This guide sets out the basics of purchasing and bidding to help you comply with state law, no matter your government type, size or complexity. This update includes several changes to improve clarity and ensure compliance. In this update, we’ve:
If there is one accounting task you should not skip, it is completing your bank account reconciliation. When you perform this important task, you ensure bank transactions match those in your accounting records. This critical step can identify fraud, flag bank errors and highlight mistakes; ultimately leading to more accurate accounting records and financial information.
Segregation of duties, or separating conflicting duty assignments in your government, can help protect your local government's assets. But which duties do you segregate, and what are your options if you cannot feasibly do this? What if you are a very small entity with limited resources?
Annual report se
A new year has begun, which means it's time for cash-basis governments to close out last year and begin preparing annual financial reports. Annual reports for local governments with fiscal year ending 12/31 are due to the Office of the Washington State Auditor by May 30, 2026.
The Office of the Washington State Auditor is pleased to announce an additional year of school district data in FIT: SAO’s financial transparency tool. FIT provides easy and free access to the financial data of more than 2,200 local governments in our state.
Read on for more information on the latest addition of school district data.
Compensated absences calculations changed in fiscal year 2024 when the Governmental Accounting Standards Board (GASB) statement 101, Compensated Absences became effective. This guidance applies to GAAP basis governments, and we also carried it over to cash-basis governments to ensure compensated absences liabilities are calculated consistently across all governments, regardless of basis of accounting. Before this guidance, most governments only considered how much leave employees could cash out upon separation.
The end of September marked the wrap-up of our 2024 calendar year single audits. This was also the deadline for local governments to submit financial statements and audit results to the federal audit clearinghouse because it was nine months after the fiscal year-end.
Originally published January 12, 2024
Updated April 24, 2025
This blog post was originally published in January 2024, but we've recently updated the Checklist for 2025 reporting year. You can find the new Checklist in SAO’s Resource Library. We've also updated the links in this post for your convenience.
What’s new?