• Accounting for leases: Measurement and re-measurement

    So far in this series, we have discussed how to identify a lease in a contract and how to classify a lease (as operating or finance type) based on the terms of the lease contract. In this article, we discuss the initial recognition and measurement of leases and how re-measurement is made when changes occur in the contract during the estimated initial period of the lease.
  • Effort Reporting in the Uniform Guidance Era

    This article discusses how institutions are addressing salary charging under the Office of Management and Budget’s (OMB) Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance), and introduces an alternate method - payroll certification.
  • Health Plan Audits

    This article shares information about health insurance and how to audit key aspects. It addresses the regulatory environment, including topics such as Model Audit Rule and state examinations.