Government Use of AI in Single Audit Submissions
Artificial intelligence is all over the news for a variety of different reasons, and the federal government is among the latest to adopt use of this rapidly advancing technology. While…
Knowledge and Insights: Newsletters
AI, Deepfakes, Fraud & Scams: A Perspective for Bankers & the Customers They Serve
Artificial intelligence is enabling criminals to proliferate fraud at a rate higher than ever. Banks and financial institutions must rethink how they approach identity verification, fraud prevention, and risk management…
Trump Accounts — A New Planning Tool for the Next Generation
A CLIENT ADVISORY FROM OUR TAX DEPARTMENT Trump accounts are a recently introduced federal child savings vehicle designed to help families begin retirement-oriented investing during childhood. For high-net-worth families, we…
Inventory Management Best Practices for Accurate Financial Reporting
For companies with significant inventory, accurate inventory management remains a critical component of reliable financial reporting. Inventory often represents a substantial portion of a company’s assets, directly impacting profitability, cash…
IRS Expands Business Tax Account Access for Tax‑Exempt Organizations
The IRS has expanded access to its Business Tax Account (BTA) to include tax‑exempt organizations, along with partnerships and government entities. For nonprofit leaders, this is a meaningful step toward modernizing how organizations…
OBBBA & MEDICAID COMPLIANCE: A COMPLETE GUIDE FOR HEALTHCARE PROVIDERS
The One Big Beautiful Bill Act (OBBBA) is reshaping the world of Medicaid billing and compliance, bringing both opportunities and new challenges for healthcare organizations. With the move to consolidated invoicing and more…
The Role of a Forensic Accountant in Litigation
Forensic accounting is a specialized field that merges accounting, auditing, and investigative skills to analyze financial information and provide insights in legal contexts. Forensic accountants are crucial in litigation, offering…
The Rise of Pig Butchering Scams: A Modern Financial Threat
In the ever-evolving landscape of cybercrime, fraudsters continuously devise new schemes to exploit unsuspecting individuals. One of the most insidious and rapidly growing scams is known as “pig butchering.” This…
Preparing for a Financial Statement Audit
A financial statement audit is essential for any business, including government agencies, aiming to ensure accuracy and transparency in their financial reporting. Whether you’re a small business owner or the…
Strategic Planning for Modern Businesses: Charting the Course to Success
In the dynamic and highly competitive landscape of business, strategic planning is not just a necessity; it’s the cornerstone of sustainable success. Whether you’re running a manufacturing, construction, real estate,…
