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Recent Posts
- Inside Your Audit: Reviewing Expectations on What Local Governments Should be Asking Their Auditor
- How Small and Midsize Businesses Can Stabilize Financial Operations During Leadership Transitions
- What’s the Right Entity Type for Your New Business?
- Balancing Financial Reporting Needs With Compliance Costs
- Helping Your Nonprofit’s Board Make Sense of Financial Reports
- When the Sale of an Appreciated Home Triggers Taxes — and When it Doesn’t
- Accounting for Business Combinations
- Behind on Bookkeeping? Here’s How to Get Back On Track
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Government Budgeting Process: How to Develop, Maintain, and Strategize for the Future
This is the second article in a two-part series on the budgeting process and best practices for local governments. Click HERE to view the first article in the series. …
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Does Your Municipality Need Bank Reconciliations? Ensure Your Records Match the Bank’s.
A bank reconciliation is a process that compares the records of a local government’s bank account with the local government’s financial records. When a local government makes a deposit…
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What’s in the Fiscal Responsibility Act?
President Biden has signed into law the new debt ceiling agreement that he reached with U.S. House of Representatives Speaker Kevin McCarthy (R-CA). The Fiscal Responsibility Act (FRA) suspends —…
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Avoid Succession Drama With a Buy-Sell Agreement
Recently, the critically acclaimed television show “Succession” aired its final episode. If the series accomplished anything, it was depicting the chaos and uncertainty that can take place if a long-time…
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How To Develop a Responsible Local Government Budget Process
A local government’s budget establishes its vision, strategy, and priorities, and communicates those to its employees and citizens. It could easily be considered one of the most critical tasks appointed…