Required Policies & Procedures for Entities Managing Federal Grants!!

Required Policies & Procedures for Entities Managing Federal Grants!!

By: Rebecca Silva, CGMS The Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Title 2 of the Code of Federal Regulations – Grants and Agreements Part 200) updated in August 2020 established a minimum set of written policies and procedures. These requirements can be found under Subpart D – Post Federal Award Requirements […]

Breaking news from CRIM – Property Tax

Breaking news from CRIM – Property Tax

There is a new «amnesty» from the Municipal Revenue Collection Center (CRIM) for debts on Real Property from November 5, 2021 to June 30, 2022. You must pay in full in order to receive the discount. If your debt is from fiscal year 2017 to 2020 you will only pay the principal amount if payment […]

Good Governance: Accountability in Business & Public Sectors

Good governance what does it mean? Why is it important for business management to run an operation effectively? What are the implications of not having it in place and adequately implemented? In today’s business environment, there is a great deal of skepticism, a need for transparency, productivity and measurable results. Therefore, adequate governance is not […]

Small & Medium Enterprises (SMEs) Beware! Fraud Could Be Knocking on Your Door

That’s right, in fact, fraud is so pervasive and so hidden in nature that your organization could be experiencing it as you read this. Your organization could be very well into an attack by an unscrupulous employee, supplier, or any other outside party for which its identity is yet unknown. Perhaps you may have provided […]