For many treasury teams, cash management is an essential workflow, closely tied to economic outcomes and carrying high risk of fraud or mismanagement — that all too often is dependent on antiquated processes and tools.
That means idle cash is left underutilized, forecasting is inaccurate and unreliable, and fraud detection is dependent upon granular analysis of transactions and bank account setups.
DebtBook’s new Cash Management solution is designed to solve just these challenges. Purpose-built for government and nonprofit treasury teams, this powerful tool helps minimize risk, reduce costs, and improve financial performance.
Join MGO and DebtBook on Wednesday, January 29 at 10:00 am PT for a webinar discussing the value of modern cash management.
During this session, you’ll see how with Cash Management, your team can:
- Build accurate cash forecasts to help you anticipate future cash needs and surpluses
- Automate daily cash positioning for real-time visibility and strategic planning
- Identify fraudulent transactions quickly to minimize risk
- Uncover opportunities to earn more on idle cash with Bank Fee Analysis
In the face of rising risks—historic rate hikes, geopolitical tensions, commercial real estate struggles, banking sector instability, and looming recession concerns—the US economy has defied the odds, showing unexpected strength.
But how long can the storm be weathered? Will inflation fade, and will the Fed pivot again? Are we on the verge of a soft landing, or are harsher conditions ahead?
Join SullivanCurtisMonroe, MGO, and American Business Bank as we host Mira Farka, Ph.D., from California State University Fullerton. Dr. Farka will explore the most pressing economic questions, including
- Is inflation truly in the rearview mirror?
- How will the upcoming election shape economic policy?
- Is a stock market correction imminent?
- Will large budget deficits hinder future growth?
- What’s next for the banking and real estate sectors?
- Will the housing market stabilize?
- What’s the outlook for Orange County versus the broader US economy?
Prepare for the storm ahead with insights into how to navigate and thrive in these turbulent times.
Dr. Farka will take a deep dive into all the above and conclude with a Q&A session.
REGISTER
The MGO state and local government (SLG) team will be attending the California 114th State Association of County Auditors (SACA) Spring Conference from April 22-25.
MGO team members attending the 2024 CALSACA Spring Conference include:
- State and Local Government Industry Leader David Bullock
- Assurance Partner Kevin Starkey
- Senior Manager Russ Robertson
In addition to attending the event, MGO SLG practice leader David Bullock will be presenting at the conference. David will be speaking on the topic “GASB 100, 101, and 102 Practical Applications” on Wednesday, April 24.
The 114th CALSACA Spring Conference will be held at the Ritz-Carlton Highlands Court in Truckee, CA, and hosted by Placer County. If you will be attending the event and would like to set up a time to meet with the MGO SLG team, please reach out to us today.
MGO Partner and Cannabis Industry Leader Scott Hammon will speak at the 42nd Annual Native American Finance Officers Association (NAFOA) Conference on April 30 from 4-5 p.m. EST.
Scott will be part of the panel “Cannabis: The High Stakes of Indian Country Development“, discussing the current status of cannabis development in Indian Country and the barriers facing the industry — including regulation and banking policy, and the role competition plays in efforts to resolve problems.
Along with Scott, the panel will also include Tina Braithwaite, Tribal Cannabis Consultant of Sovereign Nations Cannabis Consulting, and Mary Jane Oatman, Executive Director/COO of Indigenous Cannabis Industry Association. The panel will be moderated by Rob Porter, Principal at Odawi Law PLLC.
As the leader of MGO’s Cannabis practice, Scott is at the forefront of the cannabis industry. He holds a deep understanding of both the challenges and opportunities that operators and investors face; and brings a comprehensive knowledge of financial best practices — supporting our clients from the early development stages through to a sale, IPO, or RTO.
The NAFOA 42nd Annual Conference will be held at the Seminole Hard Rock Hotel & Casino (hosted by the Seminole Tribe of Florida) in Hollywood, Florida, April 29-30. If you will be attending NAFOA, reach out to schedule a time to meet with Scott.
Our State and Local Government team will be attending the 2024 Government Finance Officers Association of Texas (GFOAT) Spring Conference from April 14-16 at Kalahari Resorts and Conventions in Round Rock, Texas.
Attending the event will be:
- State and Local Government Industry Leader David Bullock
- Assurance Senior Manager Philip Stringer
- Assurance Supervisor Kylie Perez
Stop by our booth to talk to our team and win some great prizes. Or, if you would like to set up a time to meet with us at GFOAT, reach out to our state and local government team today.
Government professionals looking to stay current on finance and audit can register now for the CalCPA Governmental Accounting & Auditing Virtual Conference 2024 on April 24-25. The event will take place exclusively online.
MGO State and Local Government Industry Leader and Partner David Bullock will be a featured speaker at the conference, leading the session “Lessons Learned on Leases and SBITA” on April 24 from 11:35 a.m. – 12:25 p.m. PT. In the presentation, David will explore the intricacies of GASB 87 and GASB 96, unravel the complexities of lease accounting standards, and share practical approaches for compliance.
Topics of David’s presentation will include:
- Identifying new lease contracts
- Materiality thresholds for applying principles
- Evaluating the impact of amendments
- Determining carrying value of leased assets and amortizations
- MD&A disclosures
- Reference to restatement – impact of implementation of GASB 87/96
The CalCPA Governmental Accounting & Auditing Virtual Conference will provide timely information on GASB updates and perspectives on strategic priorities and hot topics. You’ll also gain insights into what’s happening at the local and federal levels. You can view the full agenda for the event and register to attend here.
As the head of MGO’s state and local government practice, David Bullock provides financial services to some of the largest governmental organizations across the country. Along with David’s leadership at MGO, he is heavily involved in shaping the accounting and auditing profession at a state-wide and national level.
David recently completed a three-year term on the AICPA State and Local Government Expert Panel, and he continues to serve the CalCPA Governmental Accounting and Auditing Committee. David also participates on the task force that assists with the Governmental Accounting Standards Board’s (GASB) Financial Reporting Model project.
To learn more about David’s presentation or if you have questions for him, reach out today.
Tax Partner Michael Silvio will share his insights on “Maximizing Your Innovation ROI: R&D Tax Credits in 2024 and Beyond” in an upcoming webcast hosted by The Knowledge Group on Thursday, March 28 from 12-1 p.m. ET (9-10 a.m. PT).
During the information-packed hour, Michael and Mike Woeber of Corporate Tax Advisors, Inc. will provide an in-depth look at decoding R&D tax credits, understanding 2024 tax regulations, and developing strategies to optimize ROI both now and in the future. The webcast will provide executives, business owners, investors, and lawyers the knowledge to navigate today’s innovation landscape.
With over 450 R&D credit studies under his belt across diverse industries, Michael has established himself as a leader in the R&D tax credit space. His approach emphasizes maximizing credit claim value while ensuring compliant documentation. Michael frequently speaks and writes on R&D credits, tax legislation, and financial strategies for business growth.
You can register for the “Maximizing Your Innovation ROI” live webcast here.
MGO National Business Advisory Services Leader Francisco Colon will present at the upcoming National Tribal Gaming Commissioners and Regulators (NTGCR) Spring Conference on March 6 at 10:15 a.m. CST.
In the session “Understanding Red Flags in Financial Information”, Francisco will provide tips for identifying red flags of common internal fraud schemes — including financial statement fraud, bribery, corruption, and asset misappropriation. The workshop will also dive into how to develop a plan to evaluate fraud risk and testing for fraud, obtain data to support your testing plan, prepare a report, and develop next steps.
A Certified Public Accountant (CPA), Certified Fraud Examiner (CFE), and Chartered Global Management Accountant (CGMA), Francisco specializes in external audits, fraud examinations and litigation reports, operational and internal controls reviews, and buyer/seller due diligence. He has served organizations in Tribal government, gaming, technology, government contracting, private equity, and other sectors.
The NTGCR Spring Conference will take place at the River Spirit Casino Resort in Tulsa, Oklahoma, March 5-7. If you would like to set up a time to meet with Francisco at NGTTR, reach out to MGO today.
MGO is collaborating with HUG, a global community of over 10,000 creators from 130+ countries founded by Randi Zuckerberg, to co-host a Tax Strategy Masterclass on February 20, 2024 at 10 a.m. PST (1 p.m. EST). This webinar is open to all — you can use code MGOHUG to register free of charge.
MGO International Tax Partner John Apuzzo and Entertainment, Sports & Media Industry Leader Tony Smalls will be speakers at the event, which will also feature several leading artists. The 90-minute class will include actionable tax tips and strategies for artists and creatives who are either self-employed or have freelance income.
You can check out this issue of Randi Zuckerberg’s weekly newsletter on LinkedIn to learn more about the Masterclass, or register here. You can also read our article 10 Vital Tax and Accounting Tips for Artists and Creators for a sneak preview of the topics that will be discussed in the class.
Register to receive a post-webinar downloadable report with exclusive capital raise and M&A transactions data from Viridian Capital Advisors and correlated insights from MGO LLP
Cannabis capital markets continue to take investors on a rollercoaster ride. Capital raises and M&A fell in 2023; but with cannabis stocks rallying, new states legalizing, and the potential of rescheduling on the horizon, 2024 is shaping up to be an exciting year for the industry.
Join MGO and Viridian Capital Advisors for the free live webinar “What’s in Store for Cannabis Capital Markets?” on Tuesday, February 20 at 1:30 p.m. PST (4:30 p.m. EST) to discuss data from the year in review and what the outlook is for 2024. We will also discuss how proposed rescheduling — and the elimination of 280E — could impact capital and M&A activity moving forward.
In a 45-minute panel (followed by a 15-minute Q&A), you will learn…
- Data-Driven Insights from 2023: In which states did investors, lenders and acquirers deploy the most capital in 2023? Which industry sectors (cultivation, dispensaries, brands, psychedelics) attracted the most capital and acquisitions? What were the top 10 capital and M&A deals in 2023? Uncover the trends that shaped Cannabis Capital Markets last year, providing a foundation for strategic decision-making in 2024.
- Market Trends to Watch in 2024: Gain a competitive edge by staying ahead of the latest market developments and understand their impact on investment strategies.
- Insights for Investors: Find out how to capitalize on market intelligence and current trends with your cannabis investments.
Featured Panelists:
- Scott Greiper – President & Founder, Viridian Capital Advisors
- Frank Colombo – Managing Director, Viridian Capital Advisors
- Scott Hammon – Cannabis Industry Leader, MGO
- Barbara Webb – Cannabis Tax Practice Leader, MGO
All registrants will receive a complimentary download of the Cannabis Capital Markets report, featuring exclusive capital raise and M&A transactions data from Viridian Capital Advisors, and commentary from MGO and Viridian.
Don’t miss out on this opportunity to gain a competitive advantage in Cannabis Capital Markets. Secure your spot today!
