The Governmental Accounting Standards Board’s (GASB) new rule for recording and capitalizing specific software subscriptions—GASB 96 Subscription-based Information Technology Arrangements (SBITA)—establishes terminology and accounting treatment...
-
CARES Act Updates for Tribal & Local Government CRF Recipients
InsightsLocal, state, and tribal governments will be relieved to learn the Office of Management and Budget (OMB) has provided guidance changes to indirect cost requirements...
Dec 22, 2021
6 Min Read
-
Treasury Revises Guidance for Coronavirus Relief Fund (CRF) Usage
InsightsThe $150 billion Coronavirus Relief Fund (CRF) was designed to help state, local, and tribal governments meet short-term needs as they coped with the ramifications...
Dec 20, 2021
5 Min Read
-
-
Latest Guidance on Tribal Funding Under ARPA Released by Treasury
InsightsFollowing the approval of the American Rescue Plan Act (ARPA) in March 2021, the U.S. Department of the Treasury has now issued Interim Guidance on...
May 14, 2021
2 Min Read