Understand Deferred Outflows and Deferred Inflows in Governments (with Video)
GASB 63 and 65 provide guidance regarding deferred outflows and inflows in governments. This article provides an overview of…
Thefts of Cash From Local Governments
Thefts of cash from local governments is common. How many times have you seen a local newspaper article like…
Fictitious Vendor Fraud: How to Prevent It
Twenty-four percent of governmental frauds are billing schemes such as fictitious vendor theft, so says the Association of Certified…
Keys to Understanding GASB 87 Lease Accounting Now
Are you looking for GASB 87 lease accounting information? Are you a government that leases assets? Then you’re in…
Funded Depreciation: Becoming More Profitable
From time to time, I have clients ask me “What is funded depreciation?” And more importantly, they ask, “How…
2018 Yellow Book CPE Requirements
What are the 2018 Yellow Book CPE requirements? You’ve heard about the new Yellow Book (effective for audits of…
Single Audit Applicability and Objectives
In this article, I provide information about Single Audits for local governments and nonprofits. Your organization received federal funds…
Fraud Prevention for Small Governments
Many small governments suffer losses from theft since they lack a sufficient number of employees to segregate accounting duties….
Threats to Yellow Book Independence
Yellow Book independence is a big deal. And if you prepare financial statements in a Yellow Book audit, you…