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MRSC Insight Blog


Posts for Accounting

Financial Protections for Small Jurisdictions: What Local Government Leaders Need to Know About Fraud

Fraud is damaging for any public agency but especially for small jurisdictions that already lack crucial resources. What safeguards can local leaders put in place to protect their agencies against fraud, and by extension, provide clear guidelines for agency staff?

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Need a Crash Course in Government Finance? Our Finance Bootcamp Is What You've Been Waiting For

MRSC’s new Municipal Finance Bootcamp is a five-day crash course for professionals new to government finance. It covers topics like BARS, payroll, budgeting, and much more.

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Handling Payroll Overpayments

What happens when an employee is accidentally paid a higher salary for several months or even several years? It could raise concerns about gift of public funds. Local governments must be careful to follow the processes outlined in the statutes when handling payroll overpayments.

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What’s New with Form 1099?

This blog discusses new changes to Form 1099 and Form 1096.

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New Guidance in Accounting for and Reporting Leases

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

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

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.

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Past Due Payments and Use of Collection Agencies

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. 

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