Remove government-policy
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Common Accounting Mistakes: Government Edition – Issue #3 Policies and Procedures

SMBAccountant

Policies and procedures are a formalized way of defining how a company chooses to run their business. Accounting policies and procedures can reach into almost every department, area, or responsibility, so they need to be communicated and monitored often. Many people ask, “what written policies and procedures do I need to have?”

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Common Accounting Mistakes: Government Edition – Issue #3 Policies and Procedures

SMBAccountant

Policies and procedures are a formalized way of defining how a company chooses to run their business. Accounting policies and procedures can reach into almost every department, area, or responsibility, so they need to be communicated and monitored often. Many people ask, “what written policies and procedures do I need to have?”

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How the Name, Image and Likeness Policy is Changing College Athletics

Cherry Bekaert

On campuses around the country, the name, image and likeness (NIL) policy is revolutionizing the way student-athletes can obtain benefits while attending a college or university. Contact Us The post How the Name, Image and Likeness Policy is Changing College Athletics appeared first on Cherry Bekaert.

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Why You Should Estimate Your Sales Tax Exposure | TaxConnex

TaxConnex

Sales and use taxes collected on behalf of the government are considered government funds upon collection. However, in most states, the administrative policy is to “look-back” only 7 years in determining prior period liability for an unregistered business.

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New Federal Rule Requires Airlines to Provide Cash Refunds for Canceled Flights

CPA Practice

As a result, refund policies differed from airline to airline, which made it difficult for passengers to know or assert their refund rights. DOT also received complaints of some airlines revising and applying less consumer-friendly refund policies during spikes in flight cancellations and changes.

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DCAA Compliant Timekeeping Best Practices for Government Contractors

Cherry Bekaert

View all Government Contracting Podcasts Questions? View all Government Contracting Podcasts Questions? Contact Us The post DCAA Compliant Timekeeping Best Practices for Government Contractors appeared first on Cherry Bekaert.

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COUNTERPOINT: IRS Should Not Be Trusted With Direct File

CPA Practice

Nobody would consider creating a federal grocery store, a federal airline or a federal movie studio as a pro-market or pro-competitive policy. According to a 2022 Government Accountability Office report, from 2012 to 2021, “the IRS completed 1,694 investigations into the willful unauthorized access of tax data by employees.”