Financial Statement & Audit Preparation Archives - Page 2 of 8 - Maner Costerisan
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  • GASB 104 – Disclosure of Certain Capital Assets

    GASB 104 – Disclosure of Certain Capital Assets

    April 2nd, 2026 | Audit & Assurance | Financial Statement & Audit Preparation | Education
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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 101 & Uniform Guidance Updates

    GASB 101 & Uniform Guidance Updates

    April 2nd, 2026 | Audit & Assurance | Financial Statement & Audit Preparation | Education
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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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  • GASB 103 – Financial Reporting Model Improvements

    GASB 103 – Financial Reporting Model Improvements

    April 2nd, 2026 | Audit & Assurance | Financial Statement & Audit Preparation | Education
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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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  • School District Audit Preparation: How to Prepare for an Audit in 2026

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

    March 30th, 2026 | BY Jeff Straus | Accounting & Outsourced Solutions | Audit & Assurance | Consulting | Financial Statement & Audit Preparation | Outsourced Accounting Solutions | Education
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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 to the…

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  • How to Get Inventory Under Control

    How to Get Inventory Under Control

    February 18th, 2026 | Audit & Assurance | Financial Statement & Audit Preparation | Small & Midsize Businesses
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    Uncertainty regarding inflation, demand and foreign tariffs has made inventory management even harder for businesses than it was previously. Although there are many unknowns right now, one thing is generally…

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