Assurance

What are Donor-Imposed Conditions?

Donors can impose two different types of stipulations on contributions provided to nonprofits, restrictions and conditions. While donor-imposed restrictions specify…

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Extension of Single Audit Filing Deadlines

On March 19, 2021, the Office of Management and Budget (OMB) released Memorandum M-21-20, Promoting the Public Trust in the…

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Increase in Micropurchase Threshold Available Under Certain Qualifications

Under Uniform Guidance procurement guidelines, there is a concept of a micro-purchase threshold under which price analysis or comparison is…

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What is the Difference Between a Procurement and a Subrecipient?

For audits under Uniform Guidance, one of the more common errors relates to making the distinctions between procurements through contractors…

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What Should be Included on your SEFA?

Under Uniform Guidance, entities that expend more than $750,000 in federal funds are subject to a single audit. This requires…

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FFATA Reporting Requirements

FFATA (Federal Funding Accountability and Transparency Act) reporting is required by all prime awardees that enter into subawards for $25,000…

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Aprio’s ISO 27001 Certification Program

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10 Ways You’ll Benefit from Sage Intacct Budgeting and Planning

The need for control over the budget has never been greater.  Equally critical today is the need to quickly adjust…

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The Remote Audit: Your New Normal

The COVID-19 pandemic caused us to rethink the way we work, and as a result, the way we work with…

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Internal Controls in a Remote Workplace Environment

In an effort to #flattenthecurve of the coronavirus pandemic, many workplaces are going 100% remote. Every business should ensure that…

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