Month: July 2025

Extensions for Single Audit Reports Impacted by Hurricanes and California Wildfires

Extensions for Single Audit Reports Impacted by Hurricanes and California Wildfires

Nonprofit Update (PPC) / By

In response to the recent natural disasters, the Council on Federal Financial Assistance (COFFA) has issued an important memo approving extensions for single audit reports in affected areas. Organizations and subrecipients impacted by Hurricane Helene, Hurricane Milton, and the California Wildfires now have additional time to submit their audit reporting packages. If your nonprofit or …

Extensions for Single Audit Reports Impacted by Hurricanes and California Wildfires Read More »

Strengthening Federal Accountability: Key Provisions of the Financial Management Risk Reduction Act

Strengthening Federal Accountability: Key Provisions of the Financial Management Risk Reduction Act

Nonprofit Update (PPC) / By

In December 2024, a landmark piece of legislation, the Financial Management Risk Reduction Act (Public Law 118-207), was enacted to strengthen federal financial management and accountability. The Act amends the Single Audit Act, introducing key reforms designed to enhance the quality, transparency, and efficiency of federal audits. The goal? To ensure that taxpayer dollars are …

Strengthening Federal Accountability: Key Provisions of the Financial Management Risk Reduction Act Read More »

Is It Time to Reconsider Your Nonprofit’s Capitalization Policy?

Is It Time to Reconsider Your Nonprofit’s Capitalization Policy?

Nonprofit Update (PPC) / By

A $1,000 capitalization threshold has been a standard for many mid-sized nonprofits, but in today’s inflationary economy, $1,000 doesn’t stretch as far as it once did. With inflation pushing costs higher, it may be time to reconsider your capitalization policy to save time, reduce bookkeeping efforts, and ensure your nonprofit is properly managing its assets. …

Is It Time to Reconsider Your Nonprofit’s Capitalization Policy? Read More »

TIGTA Report Highlights Challenges in IRS Oversight of Tax-Exempt Hospitals

TIGTA Report Highlights Challenges in IRS Oversight of Tax-Exempt Hospitals

Nonprofit Update (PPC) / By

The Treasury Inspector General for Tax Administration (TIGTA) recently released a report assessing the IRS’s oversight of tax-exempt hospitals, revealing key areas of concern around compliance and oversight. One of the report’s primary findings was the vague definition of “community benefit,” which makes it challenging for hospitals to meet the necessary criteria for tax exemption …

TIGTA Report Highlights Challenges in IRS Oversight of Tax-Exempt Hospitals Read More »

SDA helped us put together a successful bid for creating our massive entertainment village in downtown Ft. Lauderdale. They're amazing to work with! Very professional and supportive. We look forward to continuing to work with SDA as we grow.
Jeff John, Damn Good Hospitality Group
JEFF JOHNCEO, Damn Good Hospitality Group
SDA served as a consultant for us while we were doing project management for a construction job. They have excellent business acumen, are highly professional and truly value being a partner with us. We enjoy our relationship with SDA and look forward to continued future success.
MARK BLANCHARD
MARK BLANCHARDVP Strategic Development, AECOM
We’ve worked with SDA for several years on various projects within our legal and finance departments. They also helped us secure a grant for our new practice facility in downtown Fort Lauderdale. SDA really is the smarter way to do business!
Matthew Caldwell
Matthew CaldwellPresident & CEO, Florida Panthers Hockey Club
Tanya and the SDA team have done a great job for us - especially in helping us navigate and resolve some complex issues surrounding our audit work. They've been a consultant for us for a number of years and have also been consistently supportive of our community efforts. We truly value our relationship with SDA.
W. Ajibola Balogun - City Manager, City of West Park
W. Ajibola BalogunCity Manager, City of West Park
SDA has always done excellent work. Our financial auditing and bond control reviews are completed thoroughly and timely, and their team has been very accessible to help us address and analyze key issues whenever they may arise. In short, they’re a solid business partner we’re grateful to have.
Jennifer Andreu
Jennifer AndreuFormer Assist. Super., Miami-Dade County Public Schools
We are so pleased with the experience that we’ve enjoyed over the past 20 years with SDA. All of you were so timely and resourceful, serving as a trusted business partner, assisting with our fiscal controls, handling our financial auditing, smart bonds work and more. We couldn’t be happier with your services.
Torey Alston
Torey AlstonFormer Board Member, Broward County School Board
As the mayor of one of South Florida’s leading cities, I know it takes an incredible team around you in order to achieve a citywide vision for your constituents. SDA is one of those highly reliable teams I’m proud to say supports us well in our efforts of continuous improvement, accountability and transparency for the people of the city of Miramar.
Mayor Wayne Messam
Mayor Wayne MessamCity of Miramar, Florida
Previous
Next

I’m ready to grow my business the smart way.

CONTACT US

Let's Get Smart:

Sign up for SDA news to see how other organizations are working with us and get great ideas on how you can grow your business the smart way right now.

Resources

Learning Center
Client Portal
Ask An Expert
CAPABILTIES STATEMENT

Solutions

Assurance
Accounting & Taxes
Consulting
Staffing & HR

About Us

The Team
Careers
Contact Us

Recent Articles:

Search

© 2023 S. Davis & Associates, P.A. | All Rights Reserved.

Legal Center. Privacy Policy.