What actions can a governing board take to fulfill their fiduciary responsibility and reduce the likelihood they are not the victim of embezzlement, fraud or other embarrassing financial tragedy? Four key actions include: hire a competent city manager; provide the resources to properly perform the financial functions; hire a capable independent auditor; and provide appropriate oversight. This article will focus on selecting an independent auditor and providing appropriate oversight.

New, Reduced Membership Dues

A new, reduced dues rate is available for CAOs/ACAOs, along with additional discounts for those in smaller communities, has been implemented. Learn more and be sure to join or renew today!

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