Understanding the Compliance Requirements for Implementing DoD Business Systems
In recent years, the US Department of Defense (DoD) as well as other Federal agencies have included in their contract solicitations the opportunity for government contractors to receive 250 to 500 additional evaluation points for having an approved (audited) Estimating System and/or Contractor Purchasing System Review (CPSR). Lately, the government has accepted these business systems…
3 Tips To Improve Your Audit
By Luis Rivera, Client Success Advocate, Accounting Technology Services With the ever-changing digitization of the world bleeding into companies opting for work at home opportunities over the traditional in-office 9-5; it is no surprise that this has led to audits going paperless. Below are three tips to help improve your audits. 1. Utilize Dashboards Dashboards…
10 Must-Have Policies for 2022
Some laws require employers to provide information to employees via a written policy. Policies are also important for communicating company expectations and requirements. Here are 10 policies that are considered must-have for 2022: #1: COVID-19 By now, many employers have written policies that address masks, vaccination, social distancing, and other safety measures to help prevent…
Leadership and Mentorship in a (Continuing) Virtual World
By Tricia Katebini, CPA, MBA, Partner and Max Manley, CPA, Partner This article is based on a presentation of the same title given at the 2021 GWSCPA Nonprofit Symposium. As new variants emerge and the pandemic continues, it is clear a mostly remote work arrangement will continue in the near term. In fact, a hybrid…
How to Transform Your AR with Versapay
This webinar was presented in collaboration with Versapay. Steady cash flow is one of the most important components of a healthy business. And the key to accelerating cash flow lies in transforming accounts receivable—more specifically by adopting digitization to modernize core accounting and finance functions. Join us as we show you how Versapay’s Automated AR…
Is Your Nonprofit Prepared to Receive and Invest Cryptocurrencies?
The increased use of cryptocurrencies has had a significant effect on nonprofit organizations, particularly with regard to their investments and donor contributions. Detecting a trend, the Association of International Certified Professional Accountants (a combined organization of the AICPA and CIMA) organized a working group in 2020 and published a study on the accounting and auditing…