At first, the management discussion and analysis involve compliance with laws and regulations, financial statements, and actions to address the challenge faced by the City.
The recommendations include driving adequate training for the finance department staff integrated into the CAFR preparation process to equip them with skills and expertise. The appropriate procedure must be executed to reconcile all bank account statements to the financial system monthly and promptly investigate and resolve any discrepancies.
Another suggestion is that all allowances for uncollectable accounts should be reviewed periodically and adjusted and ensure that Jackson, MS implements processes to reflect the supplies directory balances in the accounting system accurately.
The liability changes, including payroll, should conform to those reflected in the financial statements apparatus, particularly every month. As an action plan, Jackson should establish a monitoring network for its tower leases and the payments due from the lessee to avoid losses.