As the end of the year quickly approaches, we have important mortgage industry tax, audit, and financial statement updates to share.
Webinar Recording: Year End Accounting & Tax Review 2023
As 2023 comes to a close, CWDL hosted a discussion for mortgage lenders on the accounting and tax year in review and action to take before the year ends.
Webinar Recording: 2022 Accounting & Tax Year End Review
As 2022 comes to a close, CWDL hosted a discussion on the accounting and tax year in review and action mortgage lenders need to take before the year closes out.
Acquires Dobridge & Company, P.C. in Arizona
CWDL is thrilled to announce the acquisition of Dobridge & Company P.C., a leading CPA firm specializing in audit services to Arizona school districts and charter schools.
Summary of ASC 842, Leases
ASC 842 is now effective for private companies and nonprofit organizations with annual reporting periods beginning after December 15, 2021.
Webinar Recording: 2021 Mortgage Banking Year End Review
As 2021 comes to a close, our mortgage banking practice leaders reviewed the audit and tax topics of the year, as well as action lenders need to take before 12/31.
Changes to the USFRCQ: Preparing for Your 2021 Audit
As we get ready to head into the audit season for Arizona school districts, auditors will be completing an updated version of the Uniform System of Financial Records (USFR) Compliance Questionnaire (CQ) as part of your audit. As a reminder, the completed USFRCQ must be submitted with the audit reporting package to the Arizona Office of the Auditor General. School districts should be aware of the changes and take the proper steps now to ensure you are in compliance.
Introduction to the USFR Compliance Questionnaire
In addition to requirements of annual audits and federal compliance regulations, Arizona school districts are required to adhere to state compliance requirements as defined in the Uniform System of Financial Records (USFR). Our short video details the information Arizona school district leaders need to know regarding the USFR Compliance Questionnaire.
Arizona School District Audit Requirement Basics
Operating with taxpayer, state, and federal monies puts Arizona school districts under high scrutiny, often leading to more regulation. Our short video details the information Arizona school district leaders need to understand regarding their financial statement audit requirements.
Higher Education Emergency Relief Fund (HEERF) I and II: An Overview
While the pandemic has had monumental impacts on higher education institutions and their students, the passage of two legislative acts have attempted to alleviate some of its financial consequences. Our education professionals have compiled all the guidance available from the Department of Education regarding HEERF and HEERF II funds for our clients and friends in higher education to help you understand the opportunities available to support your students and operations.