News & Insights
School District Audit Preparation: How to Prepare for an Audit in 2026
March 30th, 2026
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By Jeff Straus |
Audit & Assurance |
Consulting |
Financial Statement & Audit Preparation |
Outsourced Accounting Solutions |
Education
For many school district finance teams, audit season doesn’t show up all at once. It builds slowly. A missing document here. A follow-up request that takes longer than expected. A reconciliation that gets pushed […]
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Improve District Financial Management with a Process Review
April 22nd, 2025
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By Bethany Verble |
Audit |
Audit & Assurance |
Consulting |
Financial Statement & Audit Preparation |
Education
Business Managers have plenty of tasks that keep them busy, and it seems like more are added each year. Between monitoring grants, managing staff, getting vendors paid, and putting out […]
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Simplifying Michigan School Finance: Navigating Complex Financial Management
April 22nd, 2025
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Accounting & Outsourced Solutions |
Audit |
Audit & Assurance |
CFO Advisory Services |
Consulting |
Financial Statement & Audit Preparation |
Education
By Erica Metcalf Effective fiscal management is critical to the success of any school district, and Michigan schools face unique challenges in navigating the complexities of financial regulations, reporting requirements, […]
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2025 School Update: Section 147g MPSERS 3% Health Care Premium Subsidy
March 27th, 2025
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Audit |
Audit & Assurance |
Education
Section 147g allocations have been based on prior year data and were included in districts’ February 2025 State School Aid payments. Districts should begin reimbursing eligible employees with their actual, […]
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GASB 101 Calculation: Understanding Inflows, Outflows, and Compensated Absences
March 27th, 2025
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Audit |
Audit & Assurance |
Education
GASB Statement No. 101, Compensated Absences, requires that liabilities for compensated absences be recognized for (1) leave that has not been used, and (2) leave that has been used but […]