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The Audit Connection Blog

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Financial Intelligence Tool (FIT) logo

Discover what’s new in FIT this spring

April 26, 2022

We’re excited to announce the release of new features in our Financial Intelligence Tool (FIT)! You’ll now have access to more details about local governments’ debt and liabilities and a direct link to helpful FIT resources. We’ve also launched our new live annual filing submission tracker and made several other enhancements for a better user experience.

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Financial Intelligence Tool (FIT) logo

School district data coming soon to FIT

April 20, 2022

The Office of the Washington State Auditor is excited to announce the addition of school district financial data to our Financial Intelligence Tool (FIT) this summer. FIT is a unique and powerful way to visualize and analyze the financial data of Washington’s local governments.

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Are you evaluating the risks to your federal programs? SAO has a new tool to get you started

April 14, 2022

Imagine you are planning an expensive Hawaiian vacation—your first in two years. One of the first things you check is whether any of the costs are refundable if something were to prevent you from going. When you learn you could lose your deposit if you pull out of the trip, you plan to buy trip insurance just to be safe. In other words, you’ve identified a risk and found a way to mitigate it.

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Food for thought: Financial data accuracy and your annual report

April 13, 2022

You’ve heard the old adage that good food comes from quality ingredients. The same could be said about your government’s annual report: it’s only as good as the data that goes into it. As you prepare to file your annual report this year, remember that there are many consumers of your financial data and its accuracy is important.

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You’re invited to our spring recruitment events

April 7, 2022

During this spring’s recruitment events, attendees will learn about SAO and the skills it takes to be an auditor at our Office. They will also have the opportunity to network with auditors and recruiters, learn what makes a candidate a great fit for SAO, and get a taste of what we do for #GoodGovernment.

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SAO debuts new training on cash handling internal controls and fraud prevention

April 6, 2022

Do you have cash handling responsibilities in your organization? A new online, on-demand training from the Center for Government Innovation will help you design good internal controls and understand common cash receipting fraud schemes. You’ll also learn how to develop cash handling best practices and the steps you should take if your organization experiences or suspects fraud.

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