The Audit Connection Blog
Small-dollar transactions, big responsibilities: five best practices for ASB fundraising and cash receipting
Whether from yearbook sales, prom tickets or direct donations, the money raised by Associated Student Body (ASB) groups are public funds. Districts should always ensure to have strong cash handling procedures in place to protect these public funds. ... CONTINUE READING
Preparing your annual report package? Check out our updated cash-basis checklist
The State Auditor's Office has released its updated Checklist for Preparing and Reviewing Cash-Basis Financial Statements. It includes new sections and questions for the most significant changes for cash-basis governments' 2023 financial reporting. ... CONTINUE READING
Audit finds college’s process for clearing surplus IT equipment has strengths worth highlighting
A check of one state college’s approach to erasing confidential data from surplus computer equipment found strong controls in place, as detailed in a new performance audit released today. ... CONTINUE READING
SAO’s Keri Rooney bids farewell after 50 years of public service
SAO's Keri Rooney recently retired after 50 years of public service. The Washington State House and Senate honored Keri in recognition of her significant and important contributions to the public good, spanning a distinguished career that began in 1975 with the Washington State Senate and culminated as Chief of Staff with our Office. ... CONTINUE READING
The ACFR summary gives Washingtonians a user-friendly overview of how the state used public funds in 2024
The 2024 ACFR summary gives an overview of the state's Annual Comprehensive Financial Report, providing insights into Washington's finances, including revenues, expenses, financial trends and more. ... CONTINUE READING
Minimum school lunch times back on the menu, audit finds
A follow-up performance audit from the Office of the Washington State Auditor found that the Office of Superintendent of Public Instruction has started rulemaking to require 20 minutes of seated lunch time for public school students. The agency started rulemaking after a 2019 audit, but the process was delayed due to the COVID-19 pandemic. ... CONTINUE READING
Federal single audits often report questioned costs; know what they are and how to avoid them
If you spend federal awards and obtain a federal single audit, then you could receive an audit finding with questioned costs. In this article, we’ll talk about questioned costs: what they are, and how to avoid them. ... CONTINUE READING
Are you monitoring your fuel usage? Miles per gallon analysis is key
Whether you operate your own fuel pumps, or use a commercial fuel card system, you want to make sure you only buy fuel for your vehicles. If you rely on an employee to review every fueling receipt, you may overlook fraudulent activity. ... CONTINUE READING
Accounts receivable help: Look for these red flags in your aging report
If you manage a billing and collection system, then you have an important report to consider – the accounts receivable (A/R) aging report. In this blog post, we’d like to explain why an A/R aging report is so important and why you should review it. ... CONTINUE READING
Annual report: See how our Office provided accountability and transparency of public funds in 2024
The State Auditor’s Office invites you to scroll through an interactive report of our activities during fiscal year 2024. ... CONTINUE READING