New or updated Sections, if any, of the State of Arizona Accounting Manual (SAAM) listed below have been posted to https://gao.az.gov/publications/saam.

New SAAM Drafts, if any, have been posted to https://gao.az.gov/publications/saam/saam-draft.

The GAO has made updates to Statewide Reports in infoAdvantage:

The AFIS Operations Group would like to remind you that the deadline to close open Requisitions and Purchase Orders that were created in ProcureAZ in FY17 is this Friday, June 15, 2018.  Any open RQPZ1 and POPZ1 after this deadline will be liquidated directly in AFIS beginning Monday, June 18, 2018.  Please refer to the original web story for more details.

New or updated Sections, if any, of the State of Arizona Accounting Manual (SAAM) listed below have been posted to https://gao.az.gov/publications/saam.

New SAAM Drafts, if any, have been posted to https://gao.az.gov/publications/saam/saam-draft.

NASACT is pleased to announce the latest in its series of training events addressing timely issues in government accounting, auditing and financial management.

As fiscal year-end for most state governments quickly approaches and a new year begins, it’s an opportune time for financial statement preparers and auditors to get a refresher on standards that will be effective for June 30, 2018, financial statements, as well as recently released GASB statements that will require attention in fiscal year 2019.

Improper payments in high-risk programs like Medicaid continue to grow. The Centers for Medicare and Medicaid Services (CMS) estimates that the projected loss from improper Medicaid payments exceeds $50.6 billion each year across our nation. Of that amount, federal dollars account for $29.1 billion while the states collectively account for the remaining $21.5 billion. Improper payments for Medicaid are estimated to be 10.1%. In addition, Medicaid continues to consume a larger slice of states’ budgets.