Starting a new semester, pivoting between on-campus and online instruction, managing the rise in COVID-19 cases… Higher education already has enough uncertainty on its plate. The last thing you need [...]
The Provider Relief Fund (PRF) portion of the CARES Act has helped healthcare businesses stay afloat during a critical time. It has also introduced a complication not often seen by [...]
Important Update: HHS has announced a single audit requirement for all non-federal entities receiving and spending $750,000 or more in Provider Relief Funds. Read further for important information on this [...]
When preparing for financial statement audits, it is important to consider all related parties and foundations that directly support your organization. Whether the organization is defined as a support organization [...]
On May 20, 2020, the Financial Accounting Standards Board (FASB) voted to delay the effective date of revenue recognition (ASC 606) and lease (ASC 842) standards for all private companies. [...]
The National Collegiate Athletic Association (NCAA) has issued its 2020 Agreed-Upon Procedures guide, and it remains relatively intact compared to the 2019 version. However, we have noticed more changes this [...]