posts tagged as Compliance


By Nonprofit Practice Leaders | August 28, 2020

OMB Issues the 2020 Compliance Supplement

On August 18, the Office of Management and Budget (OMB) issued the 2020 Compliance Supplement to assist auditors in performing single audits and help organizations comply with grant, contract and federal requirements. Our latest blog... read more


By Restaurant Practice Leaders | August 10, 2020

Updated: Main Street Lending Program Now Open to Nonprofits

Recently the Federal Reserve announced an expansion to its Main Street Lending Program (MSLP) to aid nonprofit organizations impacted by COVID-19. Though the application process is not yet open, organizations should begin forecasting... read more


By David Clark | July 06, 2020

Higher Education and COVID-19: Tips for Navigating Federal Relief Funding

When the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, approximately $14 billion was earmarked to support post-secondary education students and institutions through the Higher Education... read more


By Restaurant Practice Leaders | June 29, 2020

OMB Adjusts COVID-19 Single Audit Extensions

On June 18, the Office of Management and Budget (OMB) released a new memo outlining changes to previous single audit submission extensions, as well as new criteria related to emergency funds used during the coronavirus pandemic. Our... read more


By Nonprofit Practice Leaders | June 17, 2020

New Data – Nonprofits, Benchmark Against Your Peers and Push Your Mission Forward

Facing unprecedented disruptions, the world is relying on nonprofits more than ever before. Now in its fourth year, our annual Nonprofit Standards benchmarking survey arms your organization with the metrics needed to gauge how you stack... read more


By Lisa Haffer | May 15, 2020

Updated PPP Guidance Brings Welcome News and Opportunities for Additional PPP Funds

The Paycheck Protection Program was created to provide relief for small businesses during the economic crisis brought on by the novel COVID-19 virus. Restaurants that received PPP loans continue to wait for clarity around key components... read more


By Andrea Wilson | March 27, 2020

OMB Guidance Provides Relief to Federal Award Recipients Amid COVID-19

Nonprofits and higher education institutions continue to be on the front lines of the novel coronavirus (COVID-19) pandemic. As organizations wrangle with ensuring the welfare of their own people and enabling the “new normal” of remote... read more


By Matthew Cromwell | June 21, 2019

The Uniform Guidance – Five Years and Counting

More than five years after the ratification of Uniform Guidance, compliance continues to prove daunting for nonprofits. For organizations focused on doing good, delegating resources to compliance efforts can be a significant challenge... read more


By Restaurant Practice Leaders | June 05, 2019

First-Time 401(K) Plan Audits: What to Expect

For restaurants starting a 401(k) plan to better attract and retain talent, one of the most significant mandates they should be familiar with is the audit requirement. In the second installment of our Employee Benefits blog series, we... read more


By Kari Maue | April 22, 2019

Starting a 401(K) Plan: What You Need to Know

Faced with a tight labor market, many restaurants are looking into offering defined contribution plans as a way to attract and retain talent. read more