Industries: Professional Services

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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New Corporate Transparency Act Reporting Rules: What You Need to Know

New reporting rules go into effect on January 1, 2024, under the Corporate Transparency Act. This law, enacted in 2021, will require many small businesses to provide new details about beneficial owners who control the company. Hefty civil and criminal penalties may apply for failure to comply. Here’s a brief overview of the requirements.

Cybersecurity Checklist: Is your organization secure?

Cybersecurity threats are always changing and hackers are busy finding ways to exploit your assets. Download a PDF copy of our checklist to share with your colleagues, or, take our interactive quiz below to help identify areas where you might be vulnerable. GRF Can Help Effective cybersecurity is a journey, and whether you have a…

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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….

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A Guide to Third Party Risk Management

Understanding and mitigating third party risk has become more important than ever, which makes now the perfect time for your organization to implement a third-party risk management program. This guide covers several aspects of third-party risk management, including steps for developing a program, tips for vetting new vendors, and the new risks presented by AI tools.

GRF’s John Pace Speaks on Creating a Sustainable Practice in Recent Podcast

GRF Partner and the 2022 Digital CPA Innovation Practitioner of the Year, John Pace, joins Randy Crabtree, CPA  podcast The Unique CPA for episode 125.

Tax Implications of the New Lease Accounting Rules

Private businesses implemented new lease accounting rules in 2022, resulting in a major shift in how leases are reported for “book” purposes. While the tax rules for leases haven’t changed, the new accounting rules can have notable implications for how the tax rules play out. New Accounting Rules The Financial Accounting Standards Board (FASB) issues…

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Richard Bell, CPA, J.D., Joins GRF CPAs & Advisors as Principal in Tax Services

August 9, 2023 (Bethesda, MD) – GRF CPAs & Advisors (GRF), an Inside Public Accounting (IPA) Top 125 Public Accounting Firm and Accounting Today Regional Leader, is pleased to announce Richard Bell has joined the firm as a principal in the tax services department. Mr. Bell has more than 18 years of experience working in…

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Cybersecurity and Privacy Become Key ESG Imperatives

Cybersecurity and privacy issues have become prominent ESG concerns as organizations frequently manage sensitive information concerning their beneficiaries, employees, third parties, and other stakeholders. Protecting this data from cyber threats and ensuring privacy is a crucial responsibility, as stakeholders expect organizations to have robust cybersecurity measures in place to safeguard their personal information. Failure to…

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