Goodbye Limited-Scope Audits, Hello ERISA 103(a)(3)(c) Audits
By Jennifer McCahill, CPA, Partner In addition to disrupting business planning and operations, the COVID-19 pandemic also provided a reprieve from certain accounting standards changes with implementation dates in 2020. With the pandemic winding down and 2022 around the corner, now is the time to prepare for the implementation of SAS 136 for retirement plans…
Not-for-Profit Reporting of Gifts-in-Kind – Accounting Standards Update No. 2020-07
Join GRF’s nonprofit audit experts Ricardo Trujillo, CPA, and Omid Mohebbi, CPA, for a comprehensive webinar on this critical ASU affecting those nonprofits that receive contributed nonfinancial assets. The effective date for the ASU is fast approaching and nonprofits should be fully prepared for the changes and the additional records they will need to keep….
Webinar Series: Indirect Rate Toolkit for Nonprofits with Federal Grants – Part I
If your nonprofit receives funding from a federal grant (either directly or via a sub-award), you should take proactive steps to recover the maximum amount of indirect costs for your organization. Join GRF CPAs & Advisors for a four-part webinar series providing nonprofit organizations with everything they need to know about indirect rates under Uniform…
The R&D Tax Credit: Are You Leaving Money on the Table?
By Patrick Crosby, Tax Supervisor The Research & Development Tax Credit (R&D credit) may hold the record for the most underutilized tax incentive available in today’s business environment. Too often, the R&D credit is overlooked simply because taxpayers are not aware of it or they do not believe that it applies to their businesses because…
Beyond Spreadsheets: Modern Solutions for Budgeting and Planning
By: Jim Norton, CPA Microsoft’s Excel is the undisputed champion among the tools used historically by accounting and finance professionals. While Excel reigns supreme for quick one-off projects and projections, it does not support activities that contribute tremendous value to your organization in the form of strong governance, critical financial management, and enforcing accountability for…