State & Local Government

How Federal Agencies Can Overcome Common Challenges in Grant Management
Grant management is an important cornerstone of many federal agencies. Doing it well enables grant-funded organizations to provide essential services to populations that need them. But it’s not always easy.…

10 Transaction Monitoring Best Practices for Loan Guarantee Management
For loan guarantee programs, effective transaction monitoring helps mitigate risks, ensure compliance, and safeguard taxpayer interests. As regulatory environments shift and new challenges emerge, agencies will need to adopt robust…

How Federal Government Shutdowns Affect SBA Lending
Nearly all of us were following the news headlines or stories about the recent federal government shutdown and wondering when it would be over. While the duration and visibility of…

Mercadien Announces Executive Promotions; Names New Principal
September 11, 2024; Princeton, NJ & Philadelphia, PA – Mercadien is pleased to announce several promotions within the firm’s corporate leadership team. Mr. Matthew Smierciak, CPA, a member of the…

Should Government Organizations Consider Internal Audit Functions?
In today’s rapidly evolving and fluid labor market, government organizations face many challenges, including labor shortages, retirement of key employees, and loss of institutional knowledge. To offset the impact from…

Best Practices for GASB 87 and 96 Implementation
During the last couple of years, many governmental entities were required to move long-term lease and software-based information technology arrangement (SBITA) agreements onto the balance sheet to enhance transparency and…

The Risks of Digital Marketing & Data Analytics in Banking
In the world of banking, technological advances are revolutionizing the way financial institutions market their services and expand their brand presence. The use of data analytics has provided banks with…

What You Need to Know About the Proposed CFPB Overdraft & Junk Fee Rule
Overdraft services were originally created to service an occasional inadvertent hiccup by consumers but have since turned into a massive profit driver for financial institutions with fees totaling $7.7 billion…

The Crucial Role of Expert CPA Firms in Federal Government Contracting
In the intricate landscape of federal government contracts, precise and reliable financial reporting is of the utmost importance. Federal agencies manage vast sums of public money, demanding a steadfast commitment…

Benefits of Performance Auditing
Recipients of federal and/or state aid funding are accountable for carrying out the programmatic objectives and outcomes as reflected in in applicable laws, regulations, policies, grant agreements, and contracts. Audits…