• View All

Subscription Based IT Arrangements for Government Entities

This article is relevant to entities following generally accepted accounting principles as issued by the Government Accounting Standards Board (GASB). In general, this article does not apply to for-profit or non-profit entities. Most governments have put the final polishing touches on their implementation of GASB 87 – Leases. So, it’s…

October 16, 2023

Chart of Accounts: Less is More

Nonprofit and governmental accounting can be complex. One way to simplify your accounting process is to have fewer funds and accounts. A cumbersome chart of accounts can lead to more work, from needing to group the transactions within the accounts as well as to read/understand the accompanying financial statements.

March 4, 2020

Tax Increment Financing Districts

Tax increment financing districts, often referred to as TIDs or TIFs, are used to increase economic development to an area, provide an opportunity for developers, as well as increase property tax revenue to counties, cities, and schools, which in turn, can benefit citizens.  This article will not address the legal…

December 4, 2019

Procurement – New Components of the Requirement

After several years of extensions, the new components of the procurement compliance requirement are finally applicable.  What does this mean for governmental and non-profit entities?  Any governmental or non-profit entity expending federal dollars is required to follow the new components of this compliance requirement. The new components are effective for…

June 6, 2019