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News & Updates
Governmental Newsletter January 2021: Grants Management and Compliance – Keys to Success
Jan 25, 2021
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by Kate Russell As the first whirlwind round of CARES Act funding comes to a close, it is ...
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IRS Releases New Guidance and Announces a PPP Safe Harbor Procedure
Nov 25, 2020
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The deductibility of business expenses made with Paycheck Protection Program loan proceeds has been a source of confusion ...
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Revenue Recognition for Coronavirus Relief Funds (CRF)
Oct 14, 2020
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One program under the Coronavirus Aid, Relief, and Economic Security Act (CARES ACT) is the Coronavirus Relief Fund ...
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Governmental Newsletter October 2020: Is Shifting to a Remote Audit Right for Your Organization?
Oct 6, 2020
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by Daniel Anderson, CPA While the COVID-19 pandemic has altered many aspects of the routines we were previously accustomed ...
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Georgia Sales Tax Distributions Impacted by Audit in September 2020
Oct 1, 2020
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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
Aug 25, 2020
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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
Aug 3, 2020
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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
Jul 7, 2020
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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
May 8, 2020
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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
Apr 6, 2020
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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
Apr 3, 2020
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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
Mar 25, 2020
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A public release will be made by the GASB shortly, but today the Board approved the addition of ...
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