REDW LLC | June 26, 2020
New guidance (M-20-26) issued by the federal Office of Management and Budget rescinds the blanket six-month single audit deadline extension for fiscal year-ends through June 30, 2020 and revises some of the administrative flexibility regarding single audit compliance outlined in previous memos. Read more. Read More
REDW LLC | March 23, 2020
The Office of Management and Budget (OMB) intends to provide agencies with additional grant flexibility to assist in the response to COVID-19. The new M-20-11 memo defines relief for administrative, financial management, and audit requirements under the Uniform Guidance. We have compiled some major highlights. Read more. Read More
REDW LLC | March 23, 2020
CFOs should be prepared for an unpredictable year. Disruptions in the supply chain and stock market turmoil will affect the way audit preparation, writing of financial statements, audit fieldwork, and review processes are all conducted. Like other industries, those in financial reporting need to plan for the unknown. Read more. Read More