Avoiding the Federal Funding Freefall: Strategies for Nonprofits
By Ariana Young, CPA, Senior Manager, Audit & Assurance, Tricia Katebini, CPA, MBA, Partner, Audit & Assurance, and Christian Spencer, Partner, Audit & Assurance Nonprofits across the United States are facing significant challenges as federal funding has been cut or reduced. This unprecedented move is affecting the ability of nonprofit organizations to provide services and…
Advantages and Strategic Considerations for Government Contractors with Commercial Clients
Generated by AI and edited by Paul Calabrese, Principal Government contractors who also serve commercial clients are uniquely positioned to leverage diverse opportunities while navigating complex regulatory environments. This dual engagement offers significant benefits but also requires careful management of compliance and operational strategies. Understanding the dynamics and strategic considerations of this business model provides…
Brush Up on Campaign Contributions Rules
During campaign seasons, many individuals and businesses will make campaign contributions to candidates, political committees and parties. Before doing so, it’s critical to understand the rules for making contributions for federal and state elections. Violations could lead to steep financial penalties, as well as reputational damage. Individual Donations. According to the Federal Election Commission (FEC),…
Setting Sail: Why Now is the Time to Get Onboard with Accounting Automation
Generated by AI and edited by Heather Broberg As we navigate the ever-changing waters of business, it’s essential to have the right tools and strategies to chart a course for success. And what better time than now to hoist the sails of accounting automation and set course for smoother, more efficient financial operations? Just like…
Sage Q2 2024 Release: Knocking Down Barriers
Available as of Friday, February 16, Sage Intacct’s first release of 2024 includes new features and functionality that elevate the work of humans with AI and automation. The updates highlighted below include enhancements across three major themes: 1. Seamless data integration, 2. Automation advancements, and 3. Industry insights, to boost organizational efficiency and enhance decision-making insights.
Greenhouse Gas Emissions: Understanding and Reporting on Scopes 1, 2, and 3
Many organizations are actively working to diminish their greenhouse gas (GHG) emissions. When tracking and reporting progress, the terms ‘Scopes 1, 2, and 3 emissions’ are frequently used. But what do these designations mean? Scopes 1, 2, and 3 Defined The ‘scopes’ for reporting come from the Greenhouse Gas Protocol (GHG Protocol), an international organization…
Heather Broberg to Lead GRF’s Accounting Technology Practice
We are pleased to announce that Heather Broberg, Senior Manager is joining GRF CPAs & Advisors (GRF) to lead the firm’s Accounting Technology Services practice. With over 25 years of experience in accounting and finance leadership, Ms. Broberg is a valuable addition to GRF’s team of advisors focused on leveraging cutting edge technologies for improved…
Key Takeaways from the 2024 Sage Transform Conference
Introducing Sage Copilot One of the highlights of this year’s conference was the unveiling of Sage Copilot, an AI assistant integrated into Sage Intacct, designed to proactively assist users with tasks across the platform. Sage Copilot will allow users to ask questions like, “Who’s timesheet is missing for the last pay period?” and then Copilot…