Do you need a contractor license to perform work in Tennessee? In general, a Tennessee contractor’s license is required...
Construction Contractor Licensing in Tennessee – What do you need from your CPA?
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A Single Audit Overview
Common questions that many entities receiving federal grant funding may ask are what is a Single Audit and do I need to...
Tennessee’s New Unemployment Insurance Website
Big news from Rocky Top! Tennessee is the home of the Vols’ Peyton Manning, Dolly Parton’s amusement park Dollywood, Elvis...
What is Independence and Why Does it Matter?
Definition In the accounting and assurance profession, independence refers to the unbiased and impartial nature of the...
Cybersecurity and Internal Controls: What Audit Clients Need to Know
In today’s hyper-connected world, cybersecurity is not just an IT problem. It is a business problem. If you are...
Child Labor Act
by Stephen Bevins Everyone remembers their first job as a child, and their first manager. As a manager with a child in...
Data Collection Form
by McKenzie Potter The data collection form is submitted for all entities that complete a single audit and is essentially a...
What is a Single Audit, and Why Does My Company Need One?
by Sarah Black Picture this: the company you work for requires a financial statement audit this year. Maybe you get one...
Going Concern
by Gabriella Krtausch You might have been asked by your auditor “Does your entity have substantial doubt to continue as a...
New Standard for Subscription-Based IT Agreements
By Kevin Peters [divider height="30" style="default" line="default" themecolor="1"] SBITA is another fun acronym to become...
Functional Expenses
By Gabriella Krtausch Non-profits are required to have a Statement of Functional Expenses that is representative of their...
Who can hold a raffle?
By Kevin Peters An inquiry I often receive relates to a nonprofit organization, school organization or civic group asking...