Preparing for a Financial Audit
*Complete any qualifying financial course and submit proof to CalMutuals, and CalMutuals will reimburse your QuickBooks subscription cost for that year. This training provides board members, clerks, operators, and local officials of small and rural drinking water and wastewater systems with a practical, plain-language guide to preparing for a financial audit. The session focuses on the fundamentals of governmental accounting, understanding financial statements, strengthening internal controls, and avoiding common audit findings. Participants will learn what auditors look for, how to organize records efficiently, how to maintain capital asset and debt schedules, and how to build financial practices that support long-term sustainability and eligibility for state and federal funding programs, including State Revolving Fund (SRF) loans.