AUDIT & ASSURANCE INSIGHTS
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- March 28, 2024
- Accounting | Audit and Tax
As 2023 came and went, Title IV institutions saw the sunsetting of the 2016 Guide for Audits of Proprietary Schools and Compliance Attestation Engagements…
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- March 26, 2024
- Accounting | Audit and Tax
What it means for your career training programs Back in October, the Department of Education published its Federal Register for the final regulations that…
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- March 20, 2024
- Audit and Tax | Tax
Those of you following basketball know that March Madness is here, and basketball has taken center stage. But for us, at Sikich, our heads…
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- February 19, 2024
- Accounting | Audit and Tax | Governance, Risk and Compliance | Internal Audit
The Institute of Internal Auditors (IIA) released its revised Global Internal Audit Standards on January 9, 2024. Although these standards are set to become…
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- January 18, 2024
- Accounting | Audit and Tax | Governance, Risk and Compliance | Internal Audit
On January 9, 2024, the highly anticipated updates to The Institute of Internal Auditors (IIA) Global Internal Audit Standards were released, marking a significant update…
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- December 13, 2023
- Accounting | Audit and Tax | Governance, Risk and Compliance | Internal Audit
As a senior leader of a multi-national corporation, international business expansion is not just an option for you, it is a strategic imperative for…
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- October 10, 2023
- Audit and Tax | Tax | Wealth Management
Do you plan to include a gift to charity as part of your financial and estate plan? If so, make sure you’re leveraging a…
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- September 13, 2023
- Audit and Tax
The much-anticipated 2023 OMB Compliance Supplement was issued in May 2023; however, it is effective for year ends beginning after June 30, 2022, so…
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- August 28, 2023
- Audit and Tax | Tax
As the summer winds down, Employee Retention Credit (ERC) compliance activity and new guidance from the IRS are heating up. From IRS’s release of…
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- August 17, 2023
- Audit and Tax | Economic Development Organizations
When it comes to modern entrepreneurship, startup businesses often serve as an example of innovation and economic growth. Governments and regulatory bodies have long…
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- August 15, 2023
- Audit and Tax | Information Technology | Internal Audit
The ever-evolving IT environment is slowly but surely rendering traditional perimeter-based security strategies obsolete. Perimeter-based security is an approach to cybersecurity that focuses on…
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- July 6, 2023
- Audit and Tax | Internal Audit
Big data is collected and stored everywhere and over the last decade organizations around the world are figuring out how to use analytics to…
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- June 5, 2023
- Accounting | Audit and Tax | Internal Audit
The agile internal audit methodology was designed to maximize efficiencies and collaboration with a project’s stakeholders. Agile auditing helps teams put together audit plans…
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- May 11, 2023
- Accounting | Audit and Tax
As the leader of a professional services organization, your company and its people rely on you to make decisions about the business. Metrics undoubtedly…
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- April 25, 2023
- Accounting | Audit and Tax
The Profit & Loss (P&L) report is a window into your business, providing a means to seeing how your money comes in and where…
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- April 4, 2023
- Accounting | Audit and Tax | Internal Audit
Medical visits help us obtain reasonable assurance on the status of our health – when visiting a doctor, we can find preventative steps to…
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- March 8, 2023
- Accounting | Audit and Tax
Frequently asked questions about the Shuttered Venue Operators Grant (SVOG) Sikich’s team of Shuttered Venue Operators Grant (SVOG) and federal grant audit specialists field…
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- February 2, 2023
- Accounting | Audit and Tax
How to Correct a Frequent Error: Not Withholding the Proper Amount of 401(k) Deferrals Administering a 401(k) plan can be complicated and challenging, creating…
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- December 19, 2022
- Accounting | Audit and Tax
Did you receive a Monitoring Action item in your SVOG portal? Monitoring is a regular and important part of all Federal grant programs. It…
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- November 22, 2022
- Accounting | Audit and Tax | Technology
Annual payroll tax reporting is a necessary evil for all businesses and the year-end forms processing can be taxing, with the requirement that you…
This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.