Financial Compliance

• Reviews of Annual Financial Reports

• Pledge Adequacy - What Is It And Why Is It Important Important
• Interest and Sinking Fund - What Is It And Why Is It Important
• Reserve Fund - What Is It and Why Is It Important
• Audit Timeliness - What Is It And Why Is It Important
• Importance of Bond Counsel and Financial Advisors

• Single Audits - What Are They And Do I Need One
• Single Audits - What Is The Single Audit Award Letter
• Single Audits - What Guidance Is Available
• Single Audits - What Are The Responsibilities For Subrecipients
• Single Audits - What Is A Management Decision Letter
• Single Audits - What Is A Confirmation of Exemption (CoE)
• Single Audits - What is a Confirmation of Exemption (CoE) Template
• Single Audits - Which Programs of TWDB Have Federal Requirements
• Single Audits - What Are Internal Control Requirements

• Final Accounting Flowchart - Process Overview
• What is the Objective of the Final Accounting Process
• What is a Final Accounting Initial Request Letter
• Final Accounting Initial Letter - Illustration
• How do I Prepare the Sources and Uses Form
• Sources and Uses Report - Template example
• How are Issues Resolved During a Review of a Final Accounting by Financial Compliance
• How Does a Final Accounting Reach Closure
• What Requirements Are Set by Board Rule of the TWDB

• Site Visits

• Audits - Is An Audit Required
• Audits - When Is My Audit Due
• Audits - Best Practices for Obtaining a Timely Audit
• Audits - Extensions Of Due Dates For Filing Audits
• Audits - How Do I Find a CPA
• Audits - Should I Request A Copy Of My CPAs Peer Review
• Audits - Confirmations - How To Request Assistance
• Audits - Are Hard Copies of Audits Required
• Audits - Where Do I Send Completed Audits
• Audits - Corrective Action Plan - template

• Audit Findings - How Do I Resolve Audit Findings
• Corrective Action Plan Elements

• Internal Controls and COSO
• Are There Requirements Or Is There Guidance On Internal Controls From The Federal Government
• How Can Internal Control Systems Help An Organization
• Internal Control Questionnaire
• Definitions - Audit Findings on Internal Control

• Net Revenue and Debt Service Coverage - What Is It and Why Is It Important
• Interest and Sinking Fund - What is it and why is it important
• Interest & Sinking Fund Calculation - Template
• Reserve Fund Calculation - Template

• What Is The Public Funds Investment Act
• What Is The Public Funds Collateral Act

• How to Report Fraud, Waste and Abuse

• Best Practices - Budgets - Do I Need One
• Best Practices - Know What Is In Your Agreements - What Is Required
• Best Practices - Who Can Help - Know Who To Contact If Questions Arise
• Best Practices - What Are Important Due Dates and Where Can I Find Them
• Best Practices - Self Reporting Checklist
• Best Practices - I&S Fund - AFR Footnote Disclosure Illustration
• Best Practices - Reserve Fund - AFR Footnote Disclosure Illustration
• Best Practices - EPA - Cybersecurity Best Practices for Utilities

Cybersecurity Resources

• Capitalized Interest
• Reserve Funds and Average Annual Debt Service
• Surplus Funds

• Unique Topics - FAQ - Water Supply Corporations - Public Utility Commission