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IRS Proposes Regulations to Implement TCJA’s Simplified Small Business Tax Accounting Rules
The IRS has issued proposed regulations to implement changes to simplified tax accounting rules for small businesses enacted by the Tax Cuts and Jobs Act (TCJA). The TCJA modified provisions in the Internal Revenue Code that allow [...]
The IIA’s Three Lines Model: A Summary
The Institute of Internal Auditors (IIA) has released an update to The Three Lines of Defense Model, now known as the Three Lines Model. Issuance of the new model is both timely and relevant, considering [...]
CARES Act and Provider Relief Fund Single Audit
In less than four months, the United States government has distributed (or is in the process of distributing) over $600 billion of funding to state and local governmental entities, and healthcare providers of almost all [...]
Thriving Under COVID: How the Best Companies Do More Than Just Survive
Sometimes progress comes from dire situations. Consider the lodgepole pine: The tree’s hard cones release their seeds only when exposed to the crucible of a fire. Likewise, economic crises can highlight the natural resilience of [...]