Announcements

Washington local governments, if you do just one thing to prevent fraud, do this

The Office of the Washington State Auditor has investigated many losses of public funds that governments could have detected sooner – if only someone had looked at their bank statements. Whether you are a finance professional, a department head, or even an elected or appointed official, regularly reviewing your monthly statements can greatly increase the odds of deterring and detecting fraud.

FDTA proposed rules public comment period is open

The State Auditor’s Office has been closely monitoring actions concerning the Financial Data Transparency Act (FDTA), which was passed into law at the end of 2022. The act seeks to modernize the collection and dissemination of financial data by federal financial regulators by requiring information submitted to the agencies to be in a machine-readable format.    

State has taken appropriate steps in transition to new financial system, but risks remain, audit finds

Each month, Washington relies on the aging Agency Financial Reporting System to process $4.3 billion in payments. In less than a year, the state plans to move to a new administrative system, a necessary but immensely complex information technology project affecting more than 100 agencies.

The project is overseen by the One Washington program, which chose Workday, a cloud-based enterprise resource planning system, to modernize the state's administrative systems.

Marysville School District’s financial condition jeopardizes future operations, audit finds

The Marysville School District’s ability to keep operating is in doubt, based on its declining financial condition, according to an audit by the Office of the Washington State Auditor.

The district serves about 9,700 students, and its finances have eroded rapidly over the past year. Auditors found the district’s current financial position “raises substantial doubt about its ability to continue as a going concern.”