Assurance
FFATA Reporting Requirements
FFATA (Federal Funding Accountability and Transparency Act) reporting is required by all prime awardees that enter into subawards for $25,000…
OMB Extends Single Audit Submission Deadline
On March 19, 2021, the Office of Management and Budget released OMB Memo M-21-20, Promoting Public Trust in the Federal…
How to Handle Missing or Lost Retirement Plan Participants
Missing or lost retirement plan participants has been an issue for employers for many years with very limited concrete guidance…
What Discount Rate to Use Under ASC 842 to Calculate Your Lease Liability
One of the key changes under the new leasing standard, Accounting Standards Codification Topic 842 (Topic or ASC 842), is…
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…
COVID-19 Pandemic Impact on Going Concern Evaluation
The coronavirus pandemic (COVID-19) has been an unprecedented public health threat for all of us. Significant developments and spread of…
The Impact of Section 889 on Federal Grant Recipients
On August 13, 2020, the Final Guidance added part 2 CFR 200.216 to align regulations for grant recipients with Section 889 of the John S….
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…