Georgia Sales Tax Distributions Impacted by Audit in September 2020

Recently, the Georgia Department of Revenue (DOR) completed an audit of vendor submissions for 2015 – 2019, resulting ...
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Governmental Newsletter August 2020: Coronavirus Relief Funds – GA OPB Launches New Website with FAQs

by Hope Pendergrass, CPA Recently, the State of Georgia Office of Planning and Budget (OPB) launched a dedicated ...
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GASB 84 – Custodial Funds and School Districts

by James Bence, CPA Even though GASB has postponed the implementation of GASB 84 until periods beginning after ...
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Governmental Newsletter July 2020: OMB Issues M-20-26 Extension of Administrative Relief for Those Directly Impacted by COVID-19

On June 18, 2020, the Office of Management and Budget (OMB) issued Memorandum M-20-26, Extension of Administrative Relief for ...
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Governmental Newsletter May 2020: GASB Postpones Effective Dates of Certain Pronouncements

At its Board Meeting yesterday, the Governmental Accounting Standards Board (GASB) approved the issuance of Statement No. 95, Postponement ...
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Governmental Newsletter April 2020: GASB Continues to Address Practice Issues Arising from COVID-19 Pandemic

A Message from GASB: The Governmental Accounting Standards Board (GASB) continues to share concerns about the stakeholder impact ...
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GASB to Consider Postponing Effective Dates

The Governmental Accounting Standards Board (GASB) has announced that it has added a project to its current technical ...
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Governmental Newsletter March 2020: GASB Project Added – Potential Delay in Effective Dates

A public release will be made by the GASB shortly, but today the Board approved the addition of ...
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Governmental Newsletter February 2020: A Recent Twist in the Implementation of GASB 84

Tim Lyons, CPA | Mauldin & Jenkins, LLC Background:  GASB Statement No. 84, Fiduciary Activities, was issued in January 2017, ...
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Updates on Georgia State Tax Credits: What You Need to Know

Over the years, the state of Georgia has created numerous State Tax Credits that have had the primary ...
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Good Governance Helps Nonprofits Meet Higher Expectations

Today’s nonprofit organizations face a number of challenges, including a governance landscape that is more demanding than it ...
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New Revenue Recognition Rules Bring Challenges For The Healthcare Industry

In presenting its updated revenue recognition standard in 2014, the Financial Accounting Standard Board (FASB) upended traditional accounting procedures around ...
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