In July 2025, the Financial Accounting Standards Board (FASB) issued ASU 2025-05, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receiva
The Uniform Guidance (UG)—published by the Office of Management and Budget (OMB) in 2014 and now codified at 2 CFR Part 200—was intended to standardize administrative requirements,
In December 2023, the FASB issued ASU 2023-09, which amends ASC 740, Income Taxes, to enhance the transparency and disaggregation of income tax disclosures.
When federal funds are used to acquire property, purchase equipment, or carry out capital projects, recipients must navigate a complex set of regulatory requirements.
Creating a policy is like making a decision when you have time to be thoughtful, to do adequate research, and to consult colleagues and other professionals rather than making decisions in haste as
A conflict of interest arises when a board or a staff member is in a situation where his decision making may be impaired by personal, financial, or other busin
When federal funds are used to acquire property, purchase equipment, or carry out capital projects, recipients must navigate a complex set of regulatory requirements.
