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The Audit Connection Blog

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Are you ready for a federal Single Audit? SAO offers resources to help you avoid common audit issues

August 2, 2022

Navigating federal requirements and establishing controls in your government to ensure compliance can be challenging—even for governments that routinely receive significant amounts of federal dollars. That’s why over the past year we’ve updated some of our resources and published several articles on federal program requirements. With more local governments potentially needing Single Audits over the next few years, SAO’s blog articles and resources can help you address potential internal control weaknesses early to avoid audit issues.

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Five ways for leaders to recharge their batteries

July 21, 2022

Employees everywhere are searching for inspired leadership that emphasizes a culture that respects all employees and provides them opportunities for meaningful work where they can share their ideas for improvement. That’s why we are sharing our series of articles from late 2021 with you again in hopes that you can use them to recharge your leadership batteries this summer.

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Financial Intelligence Tool (FIT) logo

Picture this: FIT update offers new ways to see your data

July 7, 2022

We’ve updated our Financial Intelligence Tool (FIT) with fiscal year 2021 data. Curious how your peers around the state did in meeting the annual filing requirements? Our interactive infographic shows which governments filed on time, which filed late, and which haven’t filed at all. You can view the data by county or by entity type.

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Trust is not an internal control; segregating duties is

July 6, 2022

Trusting your employees is important, but you should also be verifying they are doing their work properly because trust alone isn’t a sufficient control for preventing loss. One of the best ways to protect your government’s assets—and your employees—is to segregate duties. You have a lot to consider when developing your internal control system, so we’ve created a collection of guides, checklists and articles to help you.

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Rock your next financial reporting season with SAO’s new tool

June 23, 2022

A successful financial reporting season is one where you act to achieve your objectives rather than react to problems. To get there, you need the right kind of planning so you can spot the trouble ahead and take control early. Use SAO’s new and improved financial reporting risk assessment tool to help you achieve your objectives.

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