List of COVID-Related Grants Triggering Single Audits

Funding received from state or local governments may have originated in the Cares Act and may only be pass-through funding. Thus, the entity may be subject to a single audit requirement. Here is a list of CARES Act- and COVID-19-related programs that could trigger a single audit.

Is Your Not-for-Profit Organization’s COVID-19 Funding Triggering A Single Audit?

Part of the recovery funding for many not-for-profits has come from grants. While these funds have directly helped not-for-profits keep their doors open, many executives may not realize that some of these funds could trigger a single audit.

2021-04-22T15:03:27-04:00January 19, 2021|Categories: Audit & Assurance, Not-for-Profit, PBMares COVID-19 Insights|Tags: , , |

News Update: Virginia Enterprise Zone Program (EZ) – New for 2019 and More Funding Available

The Virginia Enterprise Zone Program made a few changes for the 2019 grant year that may benefit Virginia companies IF they are located in an enterprise zone and installed solar panels in 2019.

2020-01-20T16:24:54-05:00January 13, 2020|Categories: Tax: Credits & Incentives|Tags: |

Do Fundraising Materials and Pledge Forms Communicate the Same Message?

Nonprofit organizations use solicitation materials, fundraising events, marketing brochures, etc. to influence others to choose to donate to their organization versus a different one. Once a donor decides to make a promise to give or a pledge to a nonprofit organization, many times the form the donor sees may or may not mirror the information in the marketing materials that was used to influence their decision in the first place.

2019-03-19T15:27:28-04:00February 11, 2019|Categories: Accounting, Not-for-Profit|Tags: , , |

Boost Your Not-for-Profit’s Revenue While You Build Upon Your Future

Many people have heard the saying “location is everything.” While it may be debatable that location is everything, location is very important in the Commonwealth [...]

2018-08-06T16:45:55-04:00April 23, 2018|Categories: Not-for-Profit|Tags: , |

How Not-for-Profits Can Make Pledge Forms More Transparent

Donations and contributions are the lifeblood for many not-for-profit organizations. Without the generosity of donors, these organizations would cease to exist. For this reason, keeping [...]

2018-09-19T21:56:15-04:00November 6, 2017|Categories: Not-for-Profit|Tags: , |

10 Signs It May Be Time to Shop for a New Auditor

Thinking about hiring a new auditor can be overwhelming. Many times over the years I have heard auditees say, “I don’t want to get used [...]

2018-09-11T19:22:44-04:00August 10, 2017|Categories: Audit & Assurance, Business Advisory, Not-for-Profit|Tags: , , |
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