Services: Advisory

Navigating Digital Transformation: How One INGO Successfully Conducted a System Assessment

Navigating Digital Transformation In virtual work environments, having streamlined operations, efficient collaboration, and transparent processes is paramount. This rings especially true for international nongovernmental organizations (INGOs) dedicated to humanitarian efforts. In this case study, we share a real-world scenario where a prominent INGO sought our assistance in modernizing their operations through an Enterprise Resource Planning…

Read more ›

2024 Yellow Book Updates: What You Need to Know

By Tricia Katebini, CPA, MBA, Partner, Audit The long anticipated 2024 Yellow Book, which supersedes the 2018 Yellow Book, was released Thursday, February 1, 2024, by the United States Government Accountability Office (GAO). The revisions to the Yellow Book reflect major developments in the auditing and accountability professions and emphasize specific considerations applicable to the…

Read more ›

2024 Top Risks for Nonprofits and Associations

At the start of 2024, the landscape of risks facing organizations is evolving at an unprecedented pace. The Risk & Advisory Services team at GRF has meticulously analyzed the top risks predicted by political, economic, and business experts, as well as insights from more than 40 years of experience serving nonprofits and associations. The resulting report explores the top risk themes for 2024 and the potential implications for nonprofits and associations.

Part 3: How to Set Up a World-Class Whistleblower Program

Join our upcoming webinar as we delve into the performance of whistleblower investigations. In this session, we will explore the critical decision-making process behind initiating investigations, effective interview techniques, and the nuanced art of reporting investigation results. This webinar aims to empower attendees with the knowledge and skills needed to navigate whistleblower concerns and foster…

Read more ›

GRF CPAs & Advisors Supports International Fraud Awareness Week

GRF is once again promoting anti-fraud awareness as an official supporter of International Fraud Awareness Week, taking place November 12 – 18, 2023. Supporting organizations are spreading the word about identifying and preventing fraud, and GRF is sharing helpful tools and information, which can be accessed on the firm’s Fraud Awareness Tips and Resource Page….

Read more ›

IRS Stops Employee Retention Credit Processing

Last week, the Internal Revenue Service (IRS) announced an immediate moratorium on the processing of all new Employee Retention Credit (ERC) claims. The stoppage will allow the agency will issue new safeguards to address abuse and protect businesses from predatory tactics. The IRS is also working with the Justice Department to pursue fraud resulting from predatory marketing.