The Latest Rules and Regulations That Impact Your Government Entity

Texas ransomware attack

We’ve all heard the saying “everything is bigger in Texas”, well that was the case when a ransomware attack hit multiple towns in Texas. On Friday, August 16th, twenty-two Texas towns had their computer systems hacked, seized and held for ransom. The ransomware virus only affected certain agencies within the government rather than the government’s …

Keep Reading

How to create an efficient meeting

We previously posted a blog on how to reduce the number of meetings you attend. Once you actually step into a meeting, how do you make the most of your time in that meeting? There is always additional information or topics that tend to creep into the meeting which can either hinder or improve the …

Keep Reading

Is GASB exhausted yet?

It seems as if the Governmental Accounting Standards Board (GASB) never sleeps. I mean, they are currently working on GASB Statement No. 90 – that’s right, NUMBER 90! Of course, they are amending past GASB Pronouncements with No. 90, but still, they have made it to the 90s! I’m sure you are thinking, “When will …

Keep Reading

How to create a meeting agenda

How many meetings do you attend each week? How many of these meetings leave you thinking “that was really helpful”? I would guess in one month, there are roughly 10 out of 50 meetings that actually accomplish the intended objective. How can we change this dynamic? One of the most important features of a meeting, …

Keep Reading

Productivity, efficiency, effectiveness: what does it all mean?

As auditors, accountants, and employees we often hear these three adjectives used interchangeably to describe a desired change among work processes and organizations. As a government auditor, we have gone through lots of CPE and conferences over the last few months. These conferences often have motivational speakers that try to point out one or two …

Keep Reading

What can finance learn from the control-heavy environment of IT?

IT is built around control. Control of all digital applications and information. IT picks apart sensitive information and reviews it frequently to ensure criminals are unable to gain access to our systems. Is there anything finance can take away from this control-heavy environment? Don’t miss: City of Atlanta ransomware  One item worth considering is called …

Keep Reading

City of Atlanta ransomware

Many of you are aware of the famous cyberattack on the City of Atlanta that occurred over a year ago, but you may not understand how it worked out. SamSam is a specific type of ransomware that is known for gaining entry by scanning the network for passwords or other entry data used by vendors …

Keep Reading

Emotional Intelligence in accounting

We’ve all heard about IQ, as the measurement has followed us through school and in pursuing careers. However, what about EQ? Emotional Intelligence matters both in the workplace and in interaction with the public. So, what is it? Emotional intelligence is “the capacity to be aware of, control and express one’s emotions, and to handle …

Keep Reading

Is segregation of duties really important?

You hear accountants/auditors talk about segregation of duties but do owners, Board Members and Council Members understand what it means? Surely, these individuals understand leaving such a vital part of the operations to a single person would be disastrous to the organization whereas working as a team toward a common goal produces success. The financial …

Keep Reading

Auditors get audited too?

Did you know that audit firms get audited by their peers? Just when you think that we as auditors don’t understand what it’s like to be on the other side of the table . . . think again! Firms in the practice of public accounting and members of the American Institute of Certified Public Accountants …

Keep Reading