Kathi Mantell, CPA, Partner, and Man Lee, CPA, Principal, presented to the Essex County ASBO on Wednesday, February 14, and to the Passaic County ASBO on Wednesday, February 21. The presentation given to both groups revolved around planning and updates for the June 30, 2018 school audits.
Kathi said that both events had a great turn out with over 50 school business administrators and professionals attending the Essex County ASBO presentation, and 30 people attending the Passaic County ASBO.
“We wanted to remind them that it’s important to plan now for year-end results while developing 2018-2019 budgets, and how the projected results will affect future budgets,” Kathi said.
Kathi and Man discussed several new aspects to the audit this year, including testing of additional reported enrollments, reporting post-retirement benefits and new procurement standards for federal grants.
“Both presentations went equally as well,” Man said. “We were glad to see such a great turn out.”