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Common Bank Reconciliation Pitfalls to Watch For

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Bank reconciliation is one of the simplest — and most effective — internal controls for private businesses. Done consistently and correctly, it helps ensure your financial records are reliable and […]

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GASB 104 – Disclosure of Certain Capital Assets

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GASB Statement No. 104, Disclosure of Certain Capital Assets, is effective for fiscal years ending June 30, 2026. This Statement requires additional note disclosures for certain types of capital assets, […]

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GASB 103 – Financial Reporting Model Improvements

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GASB Statement No. 103, Financial Reporting Model Improvements, is effective for fiscal years ending June 30, 2026. This Statement updates several aspects of the governmental financial reporting model, including Management’s […]

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GASB 101 & Uniform Guidance Updates

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GASB 101 – What to Expect in Year After Implementation? GASB 101 calculations will generally roll forward from the prior year unless there are changes in employee contracts, payout rules, […]

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School District Audit Preparation: How to Prepare for an Audit in 2026

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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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