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.

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GASB 87 Implementation Lessons Learned (plus, what to do if you haven’t started!)

Now that (most) agencies are full speed ahead on implementing GASB 87, there have been...

18
Oct
COVID Audit Options Local Government Agencies Should Know

2022 Compliance Supplement for Single Audits On May 12, 2022, the OMB (United States Office...

07
Sep
Government Agency Finance Departments Do More With Less
Helping Government Agency Finance Departments Do More With Less

Introduction In a recent survey of our city and county government clients, a full 70%...

10
Aug
Cybersecurity Best Practices for Local Governments and Municipalities

How much do your agency’s employees know about cybersecurity? Are they familiar with the concepts...

20
Jul
Software Solutions for GASB 87 Reporting
Our Opinion on Software Solutions for GASB 87 Reporting

Introduction We just held LSL’s Annual GASB update, and we spoke to several government representatives...

09
May
Is Your City at Risk of a State Audit?
Is Your City at Risk of a State Audit?

Is Your City at Risk of a State Audit? Each year, the California State Auditor...

06
Apr
Grant Subrecipients and Your Responsibilities
Grant Subrecipients and Your Responsibilities

Grant Subrecipients and Your Responsibilities Local government agencies and non-profit entities receive grant funding either...

05
Apr
Internal Control Considerations During Staff Turnover

With turnover across the country reaching unprecedented highs, many agencies are experiencing staff shortages and...

10
Feb
US Department of Treasury Compliance and Reporting Guidance Update

UPDATES – U.S. Department of Treasury issued more guidance on June 17, 2021 related to...

06
Dec
Additional Guidance on the American Rescue Plan Act Funds: Recipient Compliance and Reporting
Additional Guidance on the American Rescue Plan Act Funds: Recipient Compliance and Reporting

U.S. Department of Treasury issued more Guidance on June 17, 2021.  This guidance is related...

22
Jun
Newly Issued Guidance for the American Rescue Plan Act Funds

Fiscal Recovery Funds provisions, established by the American Rescue Plan Act (ARPA), identified four eligible...

12
May
If you received HHS funds, you may need an audit, and you may need to pay the funds back

Did you receive HHS funds? If so, you may need an audit, and you may...

20
Apr
COVID-19 Single Audit Compliance
What You Need to Know Regarding COVID-19 Single Audit Compliance Federal Funds Received

What You Need to Know Regarding COVID-19 Single Audit Compliance Federal Funds Received OMB issues...

23
Jun
COVID-19: 401(k) Plan Employer Action List
COVID-19: 401(k) Plan Employer Action List

COVID-19: 401(k) Plan Employer Action List The Families First Coronavirus Response Act “FFCRA” and Coronavirus...

15
Jun
Coronavirus Emergency Funding
Coronavirus Emergency Funding and Single Audit Guidance

Coronavirus Emergency Funding and Single Audit Guidance As we are all aware, information related to...

06
May