The Audit Connection Blog
Schools and school districts: Check out the 2021 special edition of our newsletter just for you
In this special edition of our Audit Connection newsletter, we offer a range of articles personalized to schools and school districts. ... CONTINUE READING
How charter and tribal schools fare under public audit
Recent audits of tribal schools reflect that the schools keep records to support revenue and expenditures, and that the schools have quickly implemented audit recommendations. Recent audits of charter schools reflect that school personnel are still learning about Washington’s legal requirements. ... CONTINUE READING
In our new remote work world, are your key controls ready for audit?
As we operate in a more virtual and electronic environment, some of your control system documentation might go by the wayside. While less paper can be good, it’s important to keep some evidence of your key controls in action. ... CONTINUE READING
Areas SAO will examine in upcoming schools and ESD audits
School districts have asked the State Auditor’s Office for as much clarity as we can provide on what we plan to audit each fiscal year. Like districts, SAO relies on the Office of the Superintendent for Public Instruction for clear rules and guidance to provide the criteria for the audits. ... CONTINUE READING
Are your GAAP statements ready for prime time? Here are a few resource reminders!
As you work to wrap up your reporting year, we want to remind you about resources you might find helpful. The resources covered in this article are specifically for governments preparing statements under generally accepted accounting principles (GAAP). ... CONTINUE READING
Do you need a federal single audit for 2020 or 2021? You might for the first time! Prepare early with these 5 tips.
Federal single audits are a bit different from other types of audits, as they are compliance driven. The grantor determines which requirements you must follow, and auditor decides which of those we will audit. Our audit will evaluate and test the internal control processes you put in place over each grant requirement, as well as test that you are in compliance with it. Here are five tips to help get you started. ... CONTINUE READING
Keep the conversation going forward
Do you ever feel like you keep having the same conversations about shared projects over and over? You spend half your time just talking about the same ideas you chewed on last time with little forward progress. And now with the addition of a video conference platform, conversations can feel even more frustrating and less productive. What can you do? This article will introduce three continuous improvement tools that focus on helping a team make incremental progress. ... CONTINUE READING
Video reviews change management model
Did you know we published blog series on change management in 2020? If you did and followed along (and even if you didn’t) check out this short video that reviews the ADKAR model of change management. ... CONTINUE READING
Recently filed your 2020 annual report? Check out your data in FIT.
If you are a local government user, the Financial Intelligence Tool’s (FIT) role-based functionality allows you to access your 2020 data right now! ... CONTINUE READING
Help is on the way! Checklist for Preparing Cash Basis Financial Statements updated
We know a strong internal control system is important for accurate financial reporting. Not sure where to start? Don’t worry ― we have a tool for cash basis reporters that can help. ... CONTINUE READING