CRI Partner A.J. Bowers will be discussing the updates to the Governmental Accounting Standards Board (GASB), allowing participants to determine new potential changes to accounting standards and implement those changes to comply with current GASB standards. This presentation will take place via virtual webinar on November 21, 2020.
On November 15, 2020, the Texas CLASS Public Funds Investment Act Training/GASB Update will be held online via virtual webinar. CRI Partner A.J. Bowers will be providing attendees of this webinar with an understanding of the GASB issued statements, how they affect the financial reporting model, and the questions to ask in order to determine [...]
CRI Partner Shane Hariel will be speaking on November 11, 2020 at the HFMA 2020 Conference via virtual webinar to healthcare finance professionals on the HHS funding streams. This presentation will cover the audit, cost report, HHS, and other funding streams.
ENTERPRISE, AL, (OCTOBER 13, 2020) – Carr, Riggs & Ingram (CRI) has announced that they will be presenting two free webinars to assist both individuals and businesses prepare for year end. The webinars, titled “Year-End Tax Planning: Optimizing Tax Benefits for 2020 and Beyond” will feature several different CRI tax partners who serve as leaders in [...]
“Cash is king” has been the motto du jour for businesses across the nation. The coronavirus pandemic hit our economy hard, and businesses that overcame the initial financial setbacks did so by having quick access to cash. Some applied for cash grants, others strengthened their cash flow practices, and some explored new ways to make [...]
CRI Partner Robert Miller recently spoke via virtual webinar to the Alabama Association of Realtors on September 28, 2020. This presentation covered various topics related to the COVID-19 pandemic, Paycheck Protection Program (PPP) forgiveness, and taxes related to COVID relief.
Business growth, especially growth during economically trying times, is a great success and should be celebrated. But new growth can also bring a certain level of stress. To deliver promised products and services to new customers, most leaders will need to hire more workers. This responsibility can feel overwhelming, especially when leaders are unsure how [...]
The Internal Revenue Service (IRS) has turned the old audit paradigm on its head by introducing a new enterprise, or holistic approach that allows it to more effectively target its audits. This new initiative, announced by two IRS commissioners at a tax forum held on July 10, 2020, identified over 1,000 private foundation returns associated [...]
CRI Partner Craig Thompson will be speaking during the Atlanta State of the Market webinar on September 30, 2020. This webinar will cover the following questions and more: How is the recession affecting the appetite for Atlanta CRE among private and institutional investors? How has the capital stack changed with today's markets? Which alternative funding [...]
CECL Dashboard The daily dose of top headlines includes COVID-19, the presidential election, the Paycheck Protection Program, and now the Supreme Court's vacancy due to the passing of Justice Ruth Bader Ginsburg. In a world filled with differing opinions on face coverings, remote learning, testing, vaccines, economic stimulus, and more, it is relatively easy for [...]
ENTERPRISE, AL, (SEPTEMBER 23, 2020) - Carr, Riggs & Ingram (CRI) has announced a complimentary webinar entitled, “Gone Phishing: Defending Your Organization Against Social Engineering,” featuring CRI’s Director of IT Audits and Assurance, David Mills, and CRI Partner Tyler Mills. This webinar will take place on Tuesday, October 6, 2020, at 10:00 a.m. CDT. This [...]
COVID-19 has transformed the traditional office environment in 2020 by creating an army of remote workers. For many businesses, workforces will be almost entirely remote through at least the end of the year. While this model brings benefits for companies and employees alike, it also brings challenges, including the need to rethink IT security risks. [...]
When most people think of someone hacking their business, they picture sophisticated cybercriminals infiltrating the network, breaking password protocols, and penetrating the firewall. Although that can happen, it’s very rare. Instead, social engineering is behind most cyberattacks, from high-profile data breaches at the largest corporations to ransomware and other attacks that many small and middle-market [...]
Cash flow is more important than ever. Even when markets are down, taxes will come due, loans will need to be repaid, and investments will be required to keep your organization on sound footing. While a positive cash flow is not the only factor that influences success, it’s a good indicator that a business is [...]
CRI Partner, Becky Hammond, will be presenting at the 2020 LCPA Government Accounting and Auditing Conference on November 12, 2020. Becky will be opening the conference with an informational session on the GASB update. This update includes a review of recent GASB pronouncements and projects in process, emphasizing the impact in Louisiana governments and their auditors.
The U.S. Small Business Administration (SBA) and the U.S. Department of the Treasury recently addressed a handful of frequently asked questions (FAQs) concerning the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) Program. These programs have been lifelines for many businesses whose operations have been affected by the coronavirus pandemic, and only [...]
When it comes to identifying projects that help or hurt cash flow, contractors must be meticulous. That’s because monitoring cash at the site level can go a long way toward improving a contractor’s financial picture – and protecting their reputation. The larger the project, the bigger the risk. Poor cash management can create a tidal [...]
The temptation might be substantial, but contractors should avoid under-bidding projects during an economic downturn. While the reasons might seem logical – it keeps cash flowing and enables a contractor to retain its workforce – the end doesn’t justify the means. It could have disastrous consequences. These are surely uncertain times, and in times of [...]
Recently, CRI Partner Yvonne Clayborne spoke via virtual webinar to state government finance personnel and public accounting practitioners on August 28, 2020. This webinar included a practical exercise on the implementation and accounting for leases under GASB 87.
On August 8, 2020, President Trump issued a Presidential Memorandum calling for a deferral of withholding an employee’s payroll taxes. The government’s guidance announcement came just four days before the implementation date of September 1, 2020. By deferring the payroll tax withholding, the hope was that employees would have higher take-home pay for the remainder [...]
