Government

Why You Needed an Internal Audit Function Yesterday

Internal Audit: Optimal Governance and Minimal Risk for Government Agencies Best Practices for Organizations Seeking to Establish an Internal Audit Function By: Richard Green, CPA, Partner and Industry Leader, State…

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Where is the “Pot” of Gold?

California’s Cannabis Tax Revenue: Expectations vs. Reality By: Scott Johnson Cannabis tax revenues have fallen short, much to the chagrin of state and local governments who were relying on higher…

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MGO Selected as Consultants for the Defense Innovation Voucher Program

If you are a small defense contractor based in San Diego County who is pursuing new commercial markets or looking to diversify your government contracts, then please check out the…

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Is the SBA Mentor-Protégé Program Right for your Business?

The U.S. Small Business Administration's (SBA) Mentor-Protégé Program can be a great way for small businesses to obtain developmental assistance from larger mentors and form joint ventures with those mentors to…

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Guidance for Government Contractors Implementing Revenue Recognition Standards

Government Contractor, MGO, Consultants, Revenue Recognition, FASB, Best Practices

In May 2014, the Financial Accounting Standards Board (“FASB”) issued the new revenue recognition standard: Accounting Standards Codification (ASC) 606, Revenue from Contracts with Customers. This revenue standard will supersede…

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IRS Could Enforce Travel Ban for Tax Debt

Expats and international travelers a focus of recently enacted tax laws On August 3rd, new tax legislation -- 26 USC 7345: Revocation or denial of passport in case of certain…

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Strategies for Mitigating Municipal Employee Fraud

The second article in a series for municipal executives: Avoiding the Headlines   By Scott P. Johnson, CPA, CGMA Partner, State & Local Government, Advisory Services Contributor: Mark W. Cousineau,…

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The Unexpected Benefits of Outsourcing

A leading CPA firm providing outsourced accounting solutions to start ups and established businesses.

Today’s corporate leadership faces significant challenges and opportunities in a quickly evolving economic environment and increasingly complex business functions. Worldwide, financial organizations are feeling the impact of higher volatility, uncertainty,…

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Navigating Uniform Guidance

As of December 2014, the OMB Uniform Guidance “Super Circular” directive has required organizations receiving federal grants to implement new standards related to various aspects of reporting and auditing. However,…

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