Hui-Ting Grady Will Paycheck Protection Program Loans Be Subject to Uniform Guidance for Nonprofit Organizations? The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes many provisions that are applicable to nonprofit organizations. One of the provisions is the... April 6, 2020
About AAFCPAs AAFCPAs’ Hui-Ting Grady, CPA, MBA Earns Advanced Single Audit Certificate AAFCPAs Assurance Manager Hui-Ting Grady, CPA, MBA is now among an elite group of CPAs in the country who have earned the Advanced Single Audit... February 28, 2020
Hui-Ting Grady 2019 UFR Update: AAFCPAs Outlines Significant Changes The Operational Services Division (OSD) of the Executive Office for Administration and Finance just released its FY 2019 UFR Audit and Preparation Manual, FY 2019... July 29, 2019
Legislative & Regulatory Updates OSD Provides Guidance for MA UFR Filers on Reimbursement of Nonprofit Transportation Tax AAFCPAs would like to make clients who file a Massachusetts UFR aware that we sought and received guidance from the Massachusetts Operational Services Division (OSD)... May 6, 2019
Legislative & Regulatory Updates Guidance on How UG Procurement Standards Affect Charter Schools AAFCPAs' John Buckley, CPA, CGMA discussed challenges and opportunities facing Charter Schools while attending and presenting at this year’s National Charter School’s Conference in Austin, TX. In conversations,... August 9, 2018
Hui-Ting Grady OMB Clarifies Applicability Date for Micro-Purchase and Simplified Acquisition Thresholds Increase The Uniform Guidance (UG) was issued in 2013 by the U.S. Office of Management and Budget (OMB) and effective on December 26, 2014 for all... July 13, 2018
Financial Statement Audits OMB Further Extends the Effective Date for the Procurement Standards of the Uniform Guidance AAFCPAs would like to make clients aware that on May 17, 2017, the U.S. Office of Management and Budget (OMB) issued a correcting amendment extending... May 18, 2017
—By Author Guidance on How to Comply with Procurement Standards Under the Uniform Guidance In December 2013, the Office of Management and Budget (OMB) issued the new Uniform Guidance (UG), which includes comprehensive reform rules affecting all nonprofits receiving... August 3, 2016
Matthew Hutt Form SF-SAC Now Available on FAC Web Site, Submission Deadline Extended Further The updated Data Collection Form (DCF or Form SF-SAC) for Uniform Guidance submissions and related instructions are now available on the Federal Audit Clearinghouse’s (FAC)... July 25, 2016