Author: Chad Welty

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New Budget Requirements Take Effect In 2021 For Some Entities
GASB 84 Implementation: Where does your entity stand?

Other Stuff
A Closer Look At GASB 84 & 88
Want to take a closer look at GASB 84 & 88? This in-depth webinar presented by Rea's government team is just what you've been looking for.

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Are You Ready For This? GASB 84
Whether you prepare your financial statements using the cash basis or GAAP (generally accepted account principals) basis, the Government Accounting Standards Board (GASB) Statement No. 84 Fiduciary Activities will likely impact you.

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Could House Bill 49 Impact Your Property Tax Collections?
House Bill 49 makes changes to Ohio's Current Agriculture Use Value, which will have ripple effects among public entities, among others. Read on to learn more.

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New System Changes Management Of Pooled Collateral
Do you know what the creation of the Ohio Pooled Collateral System means for your government entity. Read on to find out.

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Full Disclosure
Now is the time to dust off your tax abatement agreements and take steps to comply with the GASB's current tax abatement disclosures reporting standard.

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Don’t Get Tripped Up By Payroll
Managing payroll isn’t as easy as simply rewarding employees an agreed upon wage for a hard day’s work. Make sure you have the proper checks and balances in place to avoid costly mistakes.

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New Auditor Of State Requirements Will Affect You
Before you file your entity’s “unaudited” year-end financial statements, you are going to want to read up on important policy changes that were recently handed down by the Auditor of State (AOS). Read on for an overview.

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Become A Bank Reconciliation Warrior
Balanced books are the cornerstone of your entity's financial wellness. When you take a proactive and assertive stance , you empower yourself and your organization to uncover and resolve errors and irregularities while deterring and preventing fraud.

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New Registration Requirement for Booster Clubs and Parent-Teacher Associations
Most charitable organizations in Ohio have already been required to register with the Ohio Attorney General’s (OAG) office under the Ohio Revised Code Section 1093.23-.33. Under an amended rule, qualifying booster clubs and parent-teacher associations (PTAs) will now be subject to register effective September 1, 2012. Qualifying organizations that have $25,000 or more in gross … Continued