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Industry Spotlight: Government

Helping governmental clients earn and keep the public trust.

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Thought Leadership

Growing up Strong: Assess Your Company’s Internal Controls

A stable system of internal controls translates into more reliable financial reporting and can help companies prevent, detect and correct financial misstatements. In contrast, weak controls can result in costly errors — and even fraud.

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GASB Update No. 84: Identifying and Reporting Fiduciary Activities

To improve guidance for state and local government fiduciary funds reporting, the Government Accounting Standards Board (GASB) issued Statement No. 84, Fiduciary Activities in January 2017. That statement is effective for all fiscal years beginning after December 15, 2018, so cities, schools, counties and other entities should be implementing the changes now, if they haven’t already.

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