As the perennial season of rebirth and renewal, Spring has us thinking about all things “green,” including greenhouse gases (GHG). If you are mystified by tracking and reporting on GHG emissions to meet federal government requirements, we can help. Read our article below on understanding and reporting on scope 1, 2, and 3 GHG emissions, and be sure to read the recap of our ESG Summit covering more about measuring and monitoring GHG emissions. Is unlimited PTO a more immediate concern? Register for our May 21 webinar, Unlimited PTO: Federally Funded Contractors & Nonprofit Grant Recipients Subject to FAR and Uniform Guidance.
Greenhouse Gas Emissions: Understanding and Reporting on Scopes 1, 2, and 3
For government contractors aiming to align with the evolving priorities of the federal government, you may be at a strategic advantage to begin measuring and reporting on your greenhouse gas (GHG) emissions now. When tracking and reporting progress, the terms ‘Scopes 1, 2, and 3 emissions’ are frequently used. But what do these designations mean?
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.
Strategies for Indirect Cost Recovery for Fixed Price Government Contractors
Fixed-price contractors may not face the same disclosure and cost build-up demands as their cost-reimbursable counterparts, but they often struggle with indirect cost recovery due to limited insight and analysis. The good news is that there are some practical steps you can take as a fixed price contractor to enhance your recovery of indirect costs.
Yesterday, GRF held a half-day summit featuring ESG trailblazers, industry experts, and leaders from early-adopter organizations who shared the critical aspects of their ESG initiatives. Read our event recap for valuable advice on right-sizing ESG initiatives for your organization; developing effective measurement, monitoring commitments; and developing strategic approaches to communication.
Unlimited PTO: Federally Funded Contractors & Nonprofit Grant Recipients Subject to FAR and Uniform Guidance
May 21 │ 11:00 am – 12:00 pm
Join GRF’s government contracting expert, Paul Calabrese, for a session outlining what government contractors should consider before implementing unlimited PTO. You will come away with a better understanding of the issues so that your company can make the right decision for both you and your employees.
Compliance Tips & Tools for 8(a) and Small Business Government Contractors
If you are a small business or an 8(a) contractor, U.S. Government compliance requirements can seem overwhelming. We’ve got you covered! Our accounting and contracting experts provide real-world tips and recommendations to help you with your financial reporting. Watch the recording for an overview of requirements for 8(a) government contractors as well as other small- to mid-sized government contractors.
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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