News & Insights
Tips for How to Prepare for Your Charter School’s Audit
March 7th, 2022
|
Audit |
Audit & Assurance |
Financial Statement & Audit Preparation
Audits can be a source of stress for school finance teams and administrators. The key to alleviating the anxiety and pain associated with auditing is no surprise. It comes down […]
READ MORE
Lease & Subscription Accounting – GASB 87 & GASB 96
February 24th, 2022
|
By Jeff Straus |
Audit
Most organizations today leases equipment and subscribe to cloud and IT solutions. When the payments for lease or subscription services are expensed, there is little visibility into your schools’ obligations […]
READ MORE
Accounting for the Fall 2021 Child Care Relief Funds (aka Child Care Sustainability Grant)
February 24th, 2022
|
Audit |
COVID-19 Relief Services
Beginning the week of January 10, 2022, districts that applied and were approved for Fall 2021 Child Care Relief Funds began receiving these grant payments. Additional grant award amounts will […]
READ MORE
Accounting for the Receipt and Expenditures of Emergency Connectivity Fund (ECF) Funding
February 24th, 2022
|
Audit |
COVID-19 Relief Services
Congress authorized the Emergency Connectivity Fund (ECF) as part of the American Rescue Plan Act of 2021 (CFDA/ALN 32.009). The ECF Program will cover reasonable costs of laptop and tablet […]
READ MORE
Accounting for Food Service-related Revenues and Expenditures (Updated)
February 24th, 2022
|
Audit |
COVID-19 Relief Services
NEW (January 2022): Accounting for Pandemic EBT (P-EBT) Local Costs Grant The P-EBT Local Level Administrative Cost Grant is a federal award (CFDA#10.649). Accounting guidance for these funds is as […]