Category Archives: Government

At LSL CPAs we are experts in California governmental accounting. We have three offices statewide to serve you including Brea, Sacramento and Santa Ana, California.

Pension and OPEB
Pension and OPEB Year-End Checklist: What to Gather, Calculate, and Report

Preparing your pension & OPEB journal entries doesn’t have to be a scramble. With the...

10
Jul
Bank Reconciliations
Steps to Smooth Bank Reconciliations (and Fewer Headaches at Audit Time) for Local Governments

Bank reconciliations aren’t exactly the most glamorous part of finance—but they are one of the...

19
Jun
Capital Asset Management in Local Government: A Guide for Your Finance Department

In local government finance, capital assets—such as roads, buildings, and equipment—represent more than just line...

09
Jun
GASB 101
Understanding GASB 101: What Government Finance Teams Need to Know About Compensated Absences

GASB 101: Compensated Absences is the latest accounting standard set to take effect, and it...

19
May
Data-Driven Decision-Making
Top 4 Key Benefits to Data-Driven Decision-Making in Local Government Finance Departments

Government finance departments play a crucial role in ensuring fiscal responsibility, balancing budgets, and optimizing...

25
Mar
Monitoring Transient Occupancy Taxes for Local Governments: Are You Leaving Money on the Table?

For many local governments, Transient Occupancy Taxes (TOT) are a critical source of revenue. Often...

13
Feb
GASB 102 Certain Disclosure Risks
GASB 102: Shining a Light on Governmental Risk

Local governments face financial risks every day, from overreliance on a single industry to unexpected...

22
Jan
Clean Vehicle Tax Credits: What Nonprofits and Governments Need to Know

Nonprofits and government agencies can now tap into a game-changing financial incentive: the Clean Vehicle...

14
Jan
The Complete SEFA Checklist for Grants from A-Z

LSL Webinar ‘Back to Basics | Grants from A-Z’ presented by LSL Senior Manager, Krystal...

24
Sep
Grants from A-Z: Preparing for Audit

LSL Webinar ‘Back to Basics | Grants from A-Z’ presented by LSL Senior Manager, Krystal...

24
Sep
Uniform Guidance Revisions
Navigating Federal Grant Compliance Changes: Uniform Guidance Revisions

What to Expect from October 1, 2024 and Beyond Updates to Notices of Funding Opportunities...

20
Sep
capitalization threshold
Capitalizing Assets Below Your Capitalization Threshold

When managing accounting for your government’s capital assets, a common question arises: Should capital assets...

19
Sep
Capital Assets Consulting & Advisory
Capital Assets Crash Course: Handbook for Local Government Finance

LSL Webinar “Back to Basics | Capital Assets Crash Course” presented Noah Daniels, CPA, CPFO,...

10
Sep
Capital Assets Assurance & Advisory
Capital Assets in Action: A Crash Course with Examples for Audit Prep

LSL Webinar “Back to Basics | Capital Assets Crash Course” presented Noah Daniels, CPA, CPFO,...

10
Sep
Automate financial statements
Best Reasons for Local Government Finance Departments to Automate Financial Statements with Workiva

Calling all local government finance departments! Let’s talk about your financial statements, which can be...

03
Sep