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The Audit Connection Blog

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Improve your cybersecurity without breaking your budget

May 19, 2022

Cyberattack warnings can leave small local governments stressed and overwhelmed as they try to balance the need for increased cybersecurity and finding funds to pay for it. What you may not know is that help is available to your government at little to no cost, and you can get started today! We’ve identified three important steps you can take to defend your government against cybercrime.

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Messy buildup in your vendor master file? It’s time for some spring cleaning!

May 18, 2022

Spring has sprung, and it’s time to start cleaning up your financial records from years’ past! Why not tackle the messy buildup in your vendor master file? This database file containing information about your government’s vendors needs a periodic scrubbing. Cleaning your vendor master file will require a well-coordinated plan. It’s likely that the project could span several months. To get you started, we’ve compiled some easy steps to follow.

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Stay on top of piggybacking requirements with SAO’s updated guide

May 11, 2022

Piggybacking is the ability to use another government’s bid award without going through your own competitive process. It can be complicated, which is why we have updated our guide—Piggybacking under Washington State Law—to address your most common questions and alert you to changes in our guidance. Don’t worry: It still includes a step-by-step approach to piggybacking, as well as an optional checklist for you to use!

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New rules for accounting and reporting on leases and SBITAs

May 3, 2022

Accounting and reporting guidance for leases and subscription-based information technology arrangements (SBITAs) are changing for school districts and charter schools. Before this change, districts and charters used a somewhat subjective test to determine if a lease should be classified as “operating” or “capital.” Under the new guidance, all leases (with a few stated exceptions) are just leases, eliminating “operating” leases. The primary goal of the new accounting method is to increase comparability across governments; it also gives financial statement users better, more complete information by establishing a single model for lease accounting.

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How charter and tribal schools fare under public audit

May 3, 2022

Just like established public schools, charter and tribal schools are subject to public audit. In the 2020-21 school year, Washington’s charter and tribal schools served more than 5,600 students. SAO audits the public funding that each type of school receives. This article outlines how each type of school fares under public audit.

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