What can a business owner do to make sure their employees are up to the task at hand?
Effective management of employees is a balancing act between overseeing every aspect of a job and relinquishing some of the control based on the employees’ capabilities. So, what can you do?
How does an organization determine if federal funding is received under a subrecipient vs. contractor (vendor) relationship?
As the controller at a non-profit organization that receives federal grants, have you ever been asked the following question by your auditors, “are you a subrecipient or contractor (vendor) for this contract?” The accurate classification of subrecipients and contractors is critical to a program’s success and integrity. OMB requires subrecipients that meet established expenditure thresholds to obtain a Single Audit,
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