Jen: This is The PKF Texas – Entrepreneur’s Playbook®. I’m Jen Lemanski, and I’m back again with Nicole Riley, a Director on our audit team and one of the faces of PKF Texas’ not-for-profit team. Nicole, welcome back to The Playbook.

Nicole: Thanks. Glad to be here.

Jen: So, audits. You know, it’s the beginning of the year, people are starting to get things pulled together for their audit process. What could a not-for-profit organization do to make that process smoother when it comes time?


Continue Reading Three Tips for a Smooth Audit

There has been a trend of increased litigation over the reasonableness of retirement plan fees, which is impacted by a lack of fiduciary responsibility. PKF Texas Audit Senior Manager, Kristin Ryan, CPA, recently published an article on the Houston Business Journal website discussing important considerations plan sponsors should be thinking about.

open notebook with "notes" written at the top and a pen lying on the page; image used for blog post about Kristin Ryan Houston Business Journal article about retirement plan checks

In her article, Kristin

According to a July 1, 2019 Notice from the Office of Federal Financial Management, the 2019 Office of Management and Budget Compliance Supplement (2019 Compliance Supplement) is now available. It will replace the 2018 and 2017 Supplements and will apply to audits of fiscal years beginning after June 30, 2018.

a pencil lying beside an open notebook with the printed words "2019 Compliance Supplement"

The 2019 Compliance Supplement includes the following:


Continue Reading New 2019 Compliance Supplement Available