MRSC Insight Blog

Posts for Accounting

New Guidance in Accounting for and Reporting Leases

November 4, 2019 by Mike Bailey
Category: Accounting , Revenues , Financial Reporting

This blog post looks at the new standards the Governmental Accounting Standards Board has released regarding accounting for and reporting leases.

Financial Policies: Travel, Expense Reimbursement, Credit Cards, and More

July 8, 2019 by Mike Bailey
Category: Accounting , Financial Management

MRSC has partnered with the State Auditor’s Office (SAO) Center for Government Innovation to expand the Financial Policies Tool Kit we first launched two years ago. This blog post covers some of the highlights.

Past Due Payments and Use of Collection Agencies

March 4, 2019 by Oskar Rey
Category: Accounting , Utilities - Billing and Collection

This blog post provides an overview of the requirements for use of a collection agency and will address some frequently asked questions that arise when doing so.

What the State Auditor is Looking for...and Findings (Part 2)

February 25, 2013 by Tracy Burrows
Category: Accounting

In reviewing county and special purpose district audit findings from 2010 to 2012, a few key issues stand out. This post summarizes those issues and provides tips to help these jurisdictions avoid audit issues in the future.

What the State Auditor is Looking for... and Findings (Part 1 - Cities)

January 17, 2013 by Tracy Burrows
Category: Accounting

In reviewing city audit findings from 2010 to 2012, a few key issues stand out. This post summarizes those issues and provides resources to help cities avoid audit issues in the future.