Exploring the OMB 2023 Updates and Proposed Guidance
Each year, the U.S. Office of Management and Budget (OMB) updates the Compliance Supplement, which provides auditors with the federal government’s expectations for what they should be addressing as they perform single audits of federal programs under the Uniform Guidance. Understanding these updates and monitoring the developments centralized around single audits will keep your organization…
Update on DCAA Current Initiatives
Are you in the loop when it comes to the latest guidance issued by DCAA? Join GRF Principal of Outsourced Accounting & Advisory Services and GovCon expert, Paul Calabrese, who will review DCAA’s current guidance on audit procedures including incurred cost proposals, business systems and defective pricing. The session will also cover the contractor submission…
Cybersecurity: Is AI the Secret Weapon?
Join us as we delve into the cutting-edge realm of cybersecurity and artificial intelligence. In a rapidly evolving digital landscape, the ability to anticipate, identify, and counter emerging cyber threats is paramount. That’s why we’re excited to present a comprehensive exploration of AI-enabled threat intelligence, uncovering actionable insights from data, and fostering collaboration between AI…
Winning the Financial Game: Your Playbook for SAS 145 and CECL Implementation
The Auditing Standards Board of the American Institute of CPAs, has released a new auditing standard that will impact nonprofits, private companies, and governmental entities. Statement on Auditing Standards (SAS) 145: Audit Evidence is effective for audits of financial statements for periods ending on or after December 15, 2022. In other words, SAS 145 will…
Part 2: How to Set Up a World-Class Whistleblower Program
Early detection can limit the impact of fraud, and insider tips are by far the most effective source. Having a comprehensive whistleblower program in place is a powerful tool for identifying this potential fraud or misconduct. Join GRF as we discuss the process for establishing a secured incident reporting platform that includes online reporting, document…
Sage Intacct Q3 2023 Release Overview
Another Sage Intacct quarterly release is here! Sage Intacct, a best in class cloud financial management platform, is the first and only cloud financial management solution endorsed by the AICPA. One of its many outstanding qualities is the frequency of new feature releases; Sage Intacct seamlessly releases four quarterly releases per year. Each release is…
How to Set Up a World-Class Whistleblower Program
Early detection can limit the impact of fraud, and insider tips are by far the most effective source. Having a comprehensive whistleblower program in place is a powerful tool for identifying this potential fraud or misconduct. Join GRF as we discuss the process for establishing a secured incident reporting platform that includes online reporting, document…
Current Sales & Use Tax Compliance Troubles and How to Manage Them
Are you subject to the new rules for charging and paying state sales taxes and unsure whether you’re up-to-speed? If complex sales tax regulations leave you scratching your head, you’re not alone. As of 2023, there are over 12,000 state and local tax jurisdictions, each with their own set of regulations that can change quickly….
Sage Intacct Q2 2023 Release Overview
Another Sage Intacct quarterly release is here! Sage Intacct, a best in class cloud financial management platform, is the first and only cloud financial management solution endorsed by the AICPA. One of its many outstanding qualities is the frequency of new feature releases; Sage Intacct seamlessly releases four quarterly releases per year. Each release is…
Secure Act 2.0 – How the Act Will Impact Your Retirement Plan
The “Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act” is aiming to improve opportunities for retirement savings through a multitude of regulatory changes over the coming years. Its no secret that saving for retirement has been challenging for many individuals and with dwindling Social Security, the SECURE Act 2.0 has mandated a number…