Investments are an important part of managing public funds—but they can also be one of the most confusing areas of accounting for local governments. Between pooled cash, fair value adjustments, and detailed disclosures, it’s easy for this area to get overlooked until year-end. The good news? With the right processes in place, investment accounting doesn’t... The post Investments Made Simple: What Every Local Government Should Know About Reconciling, Reporting, and Preparing for Audit ap...
