A board meeting.
Better informed.
Explore the monthly package in the reporting environment that fits your organization. Read the statements, measures and recommendation together.
Where do we stand?
Read the financial position and budget-to-actual together.
What changed?
Look at the measures and variances that need attention.
What comes next?
Bring the written recommendation into the board conversation.
Illustrative sample
Figures are not from a client. Structure, line items and the written recommendation are what a board receives each month.
Charter sample, GASB / Red Book
Governmental funds on the modified accrual basis, coded to the Red Book, in the format a sponsor and the Auditor General expect.
Red Book fund segmentation
- General Fund
- Special Revenue
- Capital Outlay
- Debt Service
The sheet above is the General Fund. Each remaining fund is reported on its own sheet, in the same format, in the same package.
What is in the full package
- Cover sheet
- The period, the basis of accounting, who prepared it and who reviewed it.
- Full statements
- GASB or FASB statements, including the balance sheet, on the basis your auditor will read them.
- Budget to actual, every line
- Not the four headline lines. Every line in the adopted budget, with the variance stated.
- KPIs
- The three or four figures your board and your authorizer actually watch, on the same definition every month.
- Grants schedule
- Each grant or restricted fund with its award, its spend to date and its reporting date.
- Written recommendation
- What we think the board should do about what the numbers show, in writing, every month.
See this built on your numbers.
Talk through the reports your board receives today, and what it would take to connect them to the decisions ahead.
Talk to our team