Often overlooked, an internal audit is a valuable tool for insight into the effectiveness of your organization’s governance processes. That’s why the Institute of Internal Auditors has designated May as Internal Audit Awareness Month. Take advantage of our resource center linked below to learn more about implementing best practices for your organization. Is governance a top concern for your organization? Is it other areas like cyber or fundraising? Take our flash poll below to let us know where your organization is focusing.
Amy Boland, CPA
Partner & Director of Audit Services
As we approach the halfway mark of 2024, we would love to hear your thoughts on which issues are still top priorities for your organization. Take our poll and share your insights with us! We’ll share the results in the June issue of GRF’s Nonprofit Insights.
Join GRF for a comprehensive overview of changes to employee benefit plan regulations and auditing standards. We will summarize key changes that will be applicable to employee benefit plan audits during 2024 and we will also summarize hot topics related to future industry changes.
To raise awareness and appreciation for the role of internal auditor, the Institute of Internal Auditors (IIA) has designated May as Internal Audit Awareness Month. Looking to improve your organization’s governance? Visit our resource center for publications covering everything from fraud prevention to adding value to stakeholders and best practices for audit committees.
On Wednesday, April 24, 2024, GRF brought together a panel of leading industry experts to provide a comprehensive overview of ESG, including current trends and regulations for measuring, monitoring, and reporting on Environmental, Social and Governance (ESG) initiatives. The half-day summit was jam packed with actionable information and advice. Read on for some of the highlights.
OMB Releases Pre-Publication of Final Guidance on Federal Financial Assistance
In its most substantial update to the guidance since December 2014, the Office of Management and Budget (OMB) has submitted final guidance on Federal Financial Assistance for publication in the Federal Register. Recipients of federal funding through grants, contracts, and cooperative agreements should review the new guidance and reexamine their internal policies and procedures to ensure alignment with the new requirements.
Jackie Cardello Named Among America’s Top 200 CPAs by Forbes
GRF President Jackie Cardello has been named one of America’s Top 200 CPAs by Forbes, recognizing her outstanding contributions to the accounting profession. This prestigious accolade highlights her dedication, expertise, and commitment to client success.
Cybersecurity and Best Practices for Client Privacy and Risk Management
May 16 │ 8:00 am - 12:30 pm
The Association of Practicing Certified Public Accountants (APCPA) is hosting an engaging discussion on cybersecurity, technology best practices, and implications of the Gramm-Leach-Bliley Act (GBLA). GRF’s Kashif Ali, CTO, and Darren Hulem, Manager, IT and Risk Advisory Services will discuss cyber, risk management, and IT.
Unlimited PTO: Federally Funded Contractors & Nonprofit Grant Recipients Subject to FAR and UG
May 21 │ 11:00 am - 12:00 pm
Before considering unlimited paid time off (PTO) as an incentive to new or existing employees, it is important to understand the implications. Government contractors subject to FAR and nonprofit grant recipients subject to the Uniform Guidance must understand what this benefit entails, how it can potentially impact existing and future government contracts, and potential challenges for unlimited PTO at the state level.
Illustrating Your Nonprofit's Story with Dynamic Dashboards
In this episode of the GRF On-the-Go podcast, GRF’s Elinor Litwack and Ahkeeia Ward discuss using financial data and dynamic dashboards as a storytelling and planning tool – bringing the numbers to life and allowing for critical decisions to be made with real-time data and visibility.
Headquartered in the Washington, D.C. metropolitan region, GRF CPAs & Advisors (GRF) is a full-service professional services firm providing clients with accounting, tax, and advisory solutions. For more than 40 years, the firm has supported the financial and operational success of for-profit and tax-exempt organizations locally, nationally, and around the world.
For more about GRF CPAs & Advisors, visit our website at www.grfcpa.com.
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