SOC examinations are a critical component of a service organization’s risk management strategy. Learn about how their value is entirely dependent on the quality of the examination process.
Enterprise Zones (EZs) are a key economic development tool, offering tax and monetary incentives to businesses investing in distressed areas. These benefits typically include tax credits, property tax abatements, and sales tax exemptions, which lower the cost of doing business within the zone. Learn more about the state participation, potential benefits, and eligibility requirements.
Learn about the corrective distribution deadline associated with failed ADP/ACP testing related to requirements for traditional 401(k) plans that haven't adopted safe harbor provisions.
The Office of Management and Budget (OMB) has proposed changes to Uniform Guidance that will affect government contractors.
In this article, we’ll discuss recommendations from the Government Finance Officers Association (GFOA) about best practices for measuring portfolio risk and return against market indexes and benchmarks.
As our government clients work to safeguard grants and comply with Office of Management and Budget (OMB) requirements, strategic planning for internal controls is critical.
As your business grows and becomes more complex, your audit needs evolve. You might feel an increasing need for industry specificity, or perhaps your data management challenges demand modern applications and processes.
These key risks and opportunities can help your audit committee see the power and potential of internal audit.
On February 24, 2023, the Federal Register announced changes to the 2023 Form 5500. One significant change was in the method for determining which employee benefit plans will require an audit for 2023.
For common control leases, the FASB is drafting amendments to simplify determining whether a lease exists, the classification of the lease, and accounting for leasehold improvements.
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