Author
May 19, 2021
Events

Preparing For The 2020 Medicaid School Program (MSP)

Need help clarifying the cost report or agreed-upon procedures related to the 2020 Medicaid School Program You're in luck ...
 
Dec 1, 2020
Podcast

Episode 261: Government Updates: New Merger & Considerations For Clients

Government entities and small- to mid-sized businesses should start preparing for 2021.
Author
Apr 16, 2020
Events

What Is Life After Coronavirus? HR Compliance In Your Government Entity & New Guidance Of Legislation

View this exclusive webinar addressing issues specifically for government entities amid the COVID-19 crisis.
Author
Nov 20, 2019
Blog

How To Spend Your School District’s Student Wellness And Success Funds

SWSFs: What They Are & How to Use Them Are you scratching your head about what to do with the Student Wellness and Success Funds (SWSFs) that just landed in your district’s coffers? Don’t worry. You’re not alone. House Bill 166, which was passed in July 2019, set in motion the effort to allocate $675 … Continued
 
Mar 5, 2018
Podcast

episode 123: protect your organization from mistakes, fraud, and more with internal controls

Learn how you can update and improve your internal controls to help prevent fraud at your business.
Author
Feb 28, 2018
Blog

Your Lease Is Up

GASB Statement 87 will soon change the way entities account for lease transactions. Keep reading to learn more.
Author
Aug 9, 2017
Blog

Jack-Of-All-Trades

From the minute you open your doors in the morning until the time comes to close up shop at night, running a successful business means that everybody has a job to do and everybody’s job is critical. Unfortunately, this fact just makes it that much harder to recover from the sting of losing a critical … Continued
Author
Jul 25, 2017
Blog

Be Mindful Of Common Financial Statement Mishaps

Now that fiscal year 2017 has closed, consider taking a closer look at your capital assets and debt refunding – critical areas that are known to have more than their fair share of errors. Read on to learn more.
Author
Nov 15, 2016
Blog

What Does the Future of Your Medicaid Schools Program Reimbursement Look Like?

To receive Medicaid reimbursement, physical therapy occupational therapy and speech pathology and audiology services will have to be prescribed or referred by a licensed practitioner.
Author
Jun 15, 2016
Blog

Who You Contract With Matters

The Office of Management and Budget’s (OMB) Uniform Grant Guidance establishes key guidelines to point you in the right direction when taking your services out to bid. This list of "do's and don'ts" will help you stay in compliance.
Author
Sep 9, 2014
Blog

It’s No Secret – Cost Segregation Studies Can Save Business Owners Money

What if I told you that, if you own real estate, you may be sitting on a mini treasure? The only thing missing is the key – and I know where you can find it. If you have purchased, constructed, remodeled, or expanded your business’ property since 1987 or have updated an existing property at … Continued
Author
Sep 20, 2013
Blog

Have You Reviewed Evidence Room Controls Lately

If you went home to find that someone broke in and took your valued possession, you’d notice, right? Would you, or anyone within your organization, notice if something came up missing from your evidence room? Probably not. Often the property and evidence room is a pretty low priority for you in terms of operation, staffing … Continued
Author
May 10, 2013
Blog

The Top Five Things You Should Know about the Medicaid School Program Changes

You’ve got two rounds of cost reporting for the Medicaid School Program (MSP) under your belt. You might feel like you should be an old hand at the procedure by now, but process changes keep shifting the sands beneath your feet. Struggling to find terra firma, treasurers everywhere are thirsting for information about third round … Continued
Author
Apr 12, 2013
Blog

Have You Assessed Your Fraud Risk?

Have you evaluated the internal controls over the normal operations of your business? Do your operations routinely involve cash or other liquid assets changing hands? When was the last time that you evaluated those processes and the people who you count on to handle your day-to-day operations? All too often, the answer to that last … Continued
Author
Nov 7, 2012
Blog

Have Economic Downturns Put You at Risk for Going Concern Disclosure?

Statement on Auditing Standards (SAS) No. 126 addresses the financial statement auditor’s responsibilities with respect to evaluating an entity’s ability to continue as a going concern. This SAS applies to all financial statement audits with the exception of an audit based on the assumption of liquidation. Unless there is information to the contrary, continuation of … Continued
Author
Apr 16, 2012
Blog

Medicaid Funding to Schools Faces Second Deadline for Agreed-Upon Procedures

School districts that received Medicaid funding for services to students faced an important first reporting deadline on March 31, 2012 (many have been extended to May 31 and beyond). A second deadline is coming up: December 31, 2012. As this deadline approaches, it is important that school officials allocate time and attention to the attestation … Continued
Author
Mar 5, 2008
Blog

Understanding Your Letter on Internal Controls

At the end of your audit, you received a Letter on Internal Controls from your auditor. What is this and what does it mean to your organization? One of the fallouts of Sarbanes-Oxley is the requirement of publicly traded companies to maintain adequate internal control systems. And, privately held companies must follow suit. The AICPA, … Continued
Author
Feb 7, 2007
Blog

It’s Tax Time

Don’t wait until the last minute to start thinking about your taxes. Have your return prepared by a qualified tax professional as soon as possible to avoid last-minute stress. The following is a list of key items that you will need to prepare your tax return: W-2’s from employers 1099’s for interest, dividends, rents or … Continued