Our updated financial statement checklists have arrived
Do you use a checklist to prepare or review your financial statements? If not, maybe you should! Checklists are a great way to make sure you remember important steps.
Resources
Synonym
Guide
Best Practice
Best Practices
Guidance
Start the year off right – new best practices and tools for bank reconciliations!
Nothing is more synonymous with accounting and finance than the monthly reconciliation. Recall even your most basic memory of “finance,” and the importance of balancing your personal checkbook. This essential control activity to government finance not only ensures that banking and accounting records are accurate, but is also a component of identifying unusual transactions that might result from fraud.
Change Management Lesson 4: Training for knowledge
By The Center for Government Innovation
Change Management Lesson 1: How to Get Started
Estimated reading time: 4 minutes
By The Center for Government Innovation
Does your government provide take-home vehicles?
Governments have take-home vehicle programs because there is a benefit to the government and the public in doing so, such as to meet police or other emergency response needs. But when was the last time you assessed risks related to your take-home vehicle program, or updated your policy? Are you certain the benefits outweigh the costs?
New resources identify best practices for credit card programs and travel expenditures
By the Center for Government Innovation
Estimated reading time: 2 minutes
The Center for Government Innovation has published two new resources to help local governments identify best practices for two different, but possibly related areas: credit card programs and travel expenditures.
Credit card programs
Procurement a puzzle? Check out these resources
The Center for Government Innovation has added two procurement-related resources to the Resources Database in recent months:
Introducing the PRA & Records Management Technology Guide
By Oskar Rey
Municipal Research and Services Center
New city and county revenue guides published
By Toni Nelson and Steve Hawley,
Municipal Research and Services Center
New resource identifies best practices for small and attractive assets
Recently, the Performance Center provided several resources on accounting for capital assets to help local governments with financial reporting. Another group of assets, which fall below a government's capitalization threshold, should also be considered when establishing and evaluating asset policies and other internal controls. In Washington, we frequently refer to these as “small and attractive assets,” but they these could be described using different terminology.