by David Farnsworth, CPA | Apr 16, 2020 | Grant Management
Recently, Congress passed the Covid-19 stimulus bill. There are many pieces of the bill, and we’ll only cover the State, Tribal, and Local Government segment of the bill. To give an overview, the bill’s name is the Coronavirus Aid, Relief, and Economic...
by David Farnsworth, CPA | Apr 9, 2020 | Internal Controls
With the turmoil and scare of COVID 19, many organizations reduced office staff. Because of the reduction in staff, local governments may want to re-assess checks and balances. For example, If your office staff are reduced from 4 to 1 and that one staff member is now...
by David Farnsworth, CPA | Mar 24, 2020 | Technology
What is your Organization planning as a backup or contingency plan if you are not allowed to leave your personal residence? For some of my clients no board meetings mean the District won’t pay any bills, approve prior minute meetings, start new projects, etc....
by David Farnsworth, CPA | Jan 2, 2020 | Government Reporting
Is there an easier way to prepare your Government’s GASB 68 accounting entry? Generally speaking, there are four accounts when an accountant enters the accounting entry related to pensions. These include: Net pension liability Deferred outflows of accounting...
