Financial Calendar
- Document Retention Policies: How Long Should You Keep Things On-File?
When should you hold on to documents and when should you toss them? This reference guide from Watkins Meegan should help you keep your documents under control.
- Financial Audits – Deficiencies & Material Weaknesses & Their Meaning
A financial statement audit is designed to express an opinion on the financial statements, not on the entity's internal controls. However, obtaining an understanding of these controls remains a key part of every financial statement audit. Phil Philips, CPA of Watkins Meegan helps explain the language surrounding control gaps and deficiencies.
- Loading Per Diem Rates for Deltek’s Expense Module
Periodically the United States government will update the per diem rates for locations around the globe. These rates can be lumped into two groups, “CONUS”, which stands for Continental United States (includes all of the states except Hawaii and Alaska), and OCONUS which stands for Outside Continental United States. It is the responsibility of each Expense user to periodically download and upload the new rates to ensure accurate per diem amounts.
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