Defining Risk Appetite in a Politically Charged Landscape
Having a clearly defined risk appetite can help you respond to pressures with consistency and strategic alignment rather than making snap decisions.
Avoiding the Federal Funding Freefall: Strategies for Nonprofits
By Ariana Young, CPA, Senior Manager, Audit & Assurance, Tricia Katebini, CPA, MBA, Partner, Audit & Assurance, and Christian Spencer, Partner, Audit & Assurance Nonprofits across the United States are facing significant challenges as federal funding has been cut or reduced. This unprecedented move is affecting the ability of nonprofit organizations to provide services and…
Got funds? Critical Strategies for Associations Operating Reserves
For trade and professional associations, operating reserves serve as a financial safety net, providing stability and resilience in uncertain times. However, determining the right reserve level and making strategic use of those funds requires careful planning. In a recent webinar, experts from GRF CPAs & Advisors discussed how associations can optimize their reserves using Enterprise…
Enhance Trust and Security: The Advantages of SOC 2 Audits for Your Organization
Would you do business with an organization you don’t trust? Safeguarding the sensitive data your organization receives from donors, customers, employees, and other stakeholders is a strategic imperative today. That’s where a SOC 2 audit comes in. This audit assesses an organization’s controls related to security, availability, processing integrity, confidentiality, and privacy of customer data….
Key Takeaways from the GRF GovCon Summit
GRF held its first annual GovCon Summit on December 12, 2024. Led by Sue Chon, CPA, CFE, Partner, Audit & Assurance, the program focused on equipping government contractors with strategies to enhance their competitive edge in the marketplace heading into 2025. The summit gathered industry experts to explore critical topics such as the effective management…
Checklist for Optimizing Government Contractor Value
Written and edited by Mac Lillard. Research assistance by AI. High-Level Strategies for Financial, Operational, and Sustainability Excellence Government contractors planning for a sale must adopt a strategic approach to positioning themselves as attractive acquisition targets. In today’s competitive marketplace, just one to three years of improved earnings and/or operations prior to an exit or…
Using Business Valuations to Drive Performance
Written and edited by Mac Lillard. Research assistance by AI. In the dynamic world of small and medium-sized enterprises (SMEs), understanding the financial health and market position of your business is crucial. One key metric that often goes overlooked is the valuation of your business. Regularly monitoring your business valuation can provide useful insights that…
The Forensic Accountant: Your Secret Weapon for Thorough Due Diligence
A forensic accountant can enhance the valuation process, providing a credible and accurate assessment of the business’s value.
Are you on track? How to evaluate your Enterprise Risk Management program
ERM Audits & Maturity Evaluations: A Holistic Approach for Internal Auditors To stay ahead of constant regulatory changes and cybersecurity threats, you need a robust Enterprise Risk Management (ERM) program in place. To make sure your ERM system is properly managing risks that could impact your strategic objectives, we recommend conducting a periodic review. Your…
Protect Your Child from Identity Theft
Cybercriminals target children for identity theft because kids have unblemished credit histories that tend to be infrequently reviewed. That means a fraud may go undetected for years, often until the child has a credit report run when applying for a job or student loan. Identity theft among people under 18 is on the rise. Today’s…