The Audit Connection Blog
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
Dual employment is rare for Washington state workers, audit finds
A performance audit from the Office of the Washington State Auditor found that is rare for Washington workers to be employed by two state agencies simultaneously, but the state can do more to ensure these instances are managed appropriately. ... CONTINUE READING
Five easy things you can do today to better collect your revenue tomorrow
In this article, we’d like to share some straightforward commonsense advice for billing and collection processes. These best practices may seem obvious to you. However, the devil is in the details – you may find it difficult to perform them consistently. ... CONTINUE READING
State’s backlog of sexual assault kits effectively eliminated, audit finds
A follow-up performance audit from the State Auditor's Office found the Washington State Patrol has effectively eliminated the state's backlog of untested sexual assault kits, and is now testing nearly all kits within 45 days. ... CONTINUE READING
Receiving payments electronically? Protect your bank account information today
To receive payments electronically, most organizations need to share their bank account information with those who owe them money. ... CONTINUE READING
Audit timeliness and collaboration are key to maintaining your government’s bond rating
Maintaining close communication with our Office is key for local governments to achieve cost-effective and timely audits, which are critical to helping governments maintain their bond rating. Our special report, "Three Perspectives: How Audit Timeliness Impacts Government Bond Ratings," provides additional context from which governments can learn more about this critical aspect of their operations. ... CONTINUE READING
FIT gets a data refresh, the return of a popular feature, and a new financial health indicator guide
As the days shorten, the Office of the Washington State Auditor’s Financial Intelligence Tool (FIT) expands, offering users a refreshed set of financial data, new ways to explore statewide revenue and expenditure trends, and a helpful financial health indicator reference guide. ... CONTINUE READING