DfID Merger with FCO Creates Uncertainty with UK Aid
By Tricia Katebini, CPA, MBA, Senior Manager, Audit On June 16, United Kingdom (UK) Prime Minister Boris Johnson announced a merger between the Department for International Development (DfID) and the Foreign and Commonwealth Office (FCO). Together the two departments will become the Foreign, Commonwealth and Development Office. Johnson said the merger will “unite our aid…
President Trump Signs Bill with an Additional $320B for the PPP
Join GRF for a webinar led by our tax and accounting experts who will walk participants through the PPP loan requirements for forgiveness.
Is Your Family Medical Leave Policy Up-to-Date?
The Administrator of the Department of Labor’s Wage and Hour Division (WHD) periodically responds to new Family Medical leave Act (FMLA) compliance questions from employers and employees. Notable ones are posted for the benefit of people facing similar situations. Here’s a sampling. A recent case deals with whether an employee’s time away from work to…
GRF Named a 2019 All Star Specialized Niche Firm By INSIDE Public Accounting
GRF was named to INSIDE Public Accounting’s (IPA) 2019 All Stars Specialized Niche Firms in recognition of the firm’s robust nonprofit practice that includes accounting, assurance, tax and advisory services. In its January 2020 IPA newsletter, IPA recognized firms that derive a higher percentage of their revenue from specialty practices than all other participating firms….
How Does Your Business Handle Fringe Benefits?
The Federal Acquisition Regulation (FAR) 31.205-6(m) states that, except as provided otherwise (in FAR Subpart 31.2), fringe benefits are allowable to the extent that they are reasonable and required by: Law; An employer-employee agreement; or An established contractor policy. An example of a fringe benefit cost that is not allowed is the cost of a…
GovCon 5-Part Webinar Series
Gelman, Rosenberg & Freedman CPAs and Aldebaron, Inc. (SYMPAQ) hosted a 5-part, complimentary webinar series designed to help government contractors win and maintain government contracts. Experts in federal government requirements and compliance help participants overcome common business challenges and develop a competitive advantage. Part 1 – Developing DCAA-Compliant Indirect Rates Government contracting compliance experts provide…
GovCon Webinar Series: Part 5 – Understanding the Cost Accounting Standards (CAS)
The final webinar in the series will help participants better understand the applicability of CAS including the Cost Accounting Standard Board’s (CASB) 19 standards, CAS thresholds and disclosure statements. Slide Deck Click Here Recording Speakers Paul H. Calabrese | Principal, Outsourced Accounting and Advisory Services Gelman, Rosenberg & Freedman CPAs G. Chris Brown | President…
Outside Insight: When Outsourcing HR Makes Sense
The ever-increasing burden of government regulation on small businesses doesn’t make compliance easy, especially when small-business owners spend so much of their time performing “nonproductive” obligations. Many small and midsize businesses today simply can’t afford to employ managers dedicated strictly to human resources. The answer may be outsourcing. Fortunately, there’s a great range of options…