Industries: Government Contractors

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…

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GRF CPAs & Advisors Partners with Sustain.Life to Offer Sustainability Software

A new partnership to help organizations measure, manage, and report on their sustainability practices. Bethesda, MD, March 19, 2024 – As the demand for sustainability reporting and accountability grows, organizations need reliable and efficient tools to track and communicate their progress. In order to meet this critical need, GRF CPAs & Advisors has partnered with…

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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…

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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! Join our accounting and contracting experts for real-world tips and recommendations to help you with your financial reporting. We’ll provide an overview of requirements for both 8(a) government contractors, plus requirements for other small…

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