Author
Sep 22, 2020
Blog

New Budget Requirements Take Effect In 2021 For Some Entities

GASB 84 Implementation: Where does your entity stand?
Author
Feb 13, 2020
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.
Author
Apr 22, 2019
Blog

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.
Author
Apr 24, 2018
Blog

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.
Author
Feb 22, 2017
Blog

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.
Author
Apr 20, 2016
Blog

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.
Author
Mar 18, 2014
Blog

Tips for Fraud Prevention

In today’s world, fraud is everywhere. In business. At the bank. On the playing field. And unfortunately, it’s even in the schools. You’d like to believe it’s not happening in your school district (and hopefully it’s not), and you want to feel like you can trust your team. But the fact of the matter is … Continued
Author
Jun 11, 2013
Blog

Don’t Get Caught Off Guard by a 403(b) Audit

Surprise! Some surprises can be fun and exciting. Others, not so much. How excited would you be to see a representative of the Internal Revenue Service (IRS) or the Department of Labor (DOL) at your door? That’s not something anyone wants to deal with! Over the past few years, the IRS and DOL have been … Continued
Author
Jan 2, 2013
Blog

Understanding Everyone’s Role In a Government Audit

For most local governments, the annual financial statement audit is as much a part of the yearly round of public finance as the approval of the operating budget. Despite its routine nature, however, the financial statement audit remains something of a mystery to most outside the auditing profession. Anyone entrusted with the responsibility for managing … Continued
Author
Apr 10, 2010
Blog

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
Author
Oct 17, 2007
Blog

Individual Development Accounts Help Families

Individual Development Accounts (IDAs) are matched savings accounts that enable low-income American families to save, build assets and enter the financial mainstream. IDAs reward the monthly savings of the working poor who are building toward purchasing an asset such as a first home, paying for post-secondary education or starting a small business. Accounts held in … Continued