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Tag Archives: coronavirus
Alternative Examination Engagement for Certain CSLFRF Recipients
It is estimated that, as a result of the Treasury Department’s $350 billion Coronavirus State and Local Fiscal Recovery Funds (CSLFRF) program, more than 10,000 new Single AuditsAlternative-Examination-CSLFRF-Recipients will be required. Many recipients of these funds are small, local governments … read more
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Tagged coronavirus, Coronavirus State and Local Fiscal Recovery Funds, COVID, CSLFRF, Federal program, government, program-specific audit, school district, Single Audit
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What Impact Will the Pandemic Have on Audits?
In today’s new “normal” during the Coronavirus pandemic, there are many uncertainties, and audits are no exception. While there are several unknowns, one thing is certain – your audit will certainly occur, and there will likely be no relief in … read more
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Tagged audits, coronavirus, COVID-19, Federal program, government, internal control, Katherine Shell, nonprofit, NPO, pandemic, reporting, Single Audt
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COVID-19 Effects on NFP Financial Statements and Disclosures
Whether you were in the middle of your annual audit when COVID-19 started making waves or will soon be embarking on your next audit, you can expect that there will an impact on your financial statements and disclosures. Here is … read more
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Tagged audit, coronavirus, COVID-19, disclosures, FASB, financial statements, NFP, nonprofit, NPO
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The Potential Impacts to Nonprofit Organizations Caused by the Coronavirus
The nonprofit world is about coming together to help others and it is times like the current worldwide struggle that nonprofit work is more valuable than ever. There seem to be a ton of resources for small businesses but did … read more
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Tagged business office, coronavirus, COVID-19, Eugene Park, government support, loans, nonprofits, NPO, operations, support
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