Resources
GASB Lease Accounting Changes: Is Your Tribe Ready?
Webinar
July 18, 2018
Tribal governments that are both a lessee and a lessor for land, facilities, equipment and slot machines will see significant changes in accounting starting in December of 2019. The GASB Statement 87 is based on the foundational principle that all leases are essentially financings of the ...
Tax Reform’s New Incentives: Opportunity Zone Provisions for Indian Country
Webinar
February 15, 2018
The Tax Cuts and Jobs Act included a tax incentive, known as Opportunity Zones that if taken advantage of and acted upon quickly could prove beneficial for Indian County. This new community development program encourages long-term investments in low-income communities by allowing investors to re-...
Tribal Business Structures: Alternatives to Section 17 Federal Law Corporations
Webinar
November 29, 2017
In the second webinar of this two-part series, we continue the conversation of why the selection of a business structure for your tribal corporation is important and how it will impact how tribal assets are protected and how tribal sovereignty is preserved. The webinar discusses alternatives to S...
Tribal Business Structures: Section 17 Federal Law Corporations
Webinar
November 15, 2017
In this webinar, we discuss why choosing a business structure is important to tribal economic development, with a focus on Section 17-Federal Law Corporations and why they may or may not be a good vehicle for your tribe. You will learn: the various steps to securing a federal charter from the Dep...
https://nafoa.app.box.com/s/akul2i7v1ejdsyyhxhcwfguwt3eguifk
Related Policy
Tax Compliance Issues: Independent Contractors vs. Employee
Webinar
November 1, 2017
This webinar discusses the differences between "independent contractor/consultant" and "part-time employee." Topics included are: What classifications of workers are permitted under the IRS Rules, what the common law rule is and how it's used to determine worker status, advice on adjusting the t...
Closing Out Federal Grants
Webinar
August 16, 2017
In this webinar, we discuss the grant close out process. This includes: preparing in the final months of participation, suggested timelines, considerations in personnel responsibilities, no-cost extensions, fulfilling match responsibilities, and a closeout checklist and process.
GASB Statement No. 84 - New Fiduciary Activities
Webinar
July 26, 2017
The Governmental Accounting Standards Board recently released Statement No. 84 Fiduciary Activities that will impact the financial reporting of minor’s trust funds and tribally-sponsored retirement plans. The pronouncement changes the definition of fiduciary funds, which fiduciary activities to i...
Department of Labor Overtime Rule
Webinar
June 14, 2016
In this webinar about the Department of Labor Overtime rule, the presenters discuss the different options governments have for complying with the rule. Subjects included are: raising salaries, overtime pay, evaluating and realigning employee workload, and utilizing comp time.
https://nafoa.app.box.com/s/1mvntcczg4p2yl82wd642gttgaxitp8k
OMB Uniform Guidance Internal Controls
Webinar
February 11, 2015
The OMB Super Circular highlighted the importance of the internal control requirement in meeting the guidance's goal of minimizing fraud, waste, and abuse. This webinar supports tribal governments' ability to manage more effectively and efficiently by developing a plan for monitoring spending and...
https://nafoa.app.box.com/s/8zeam5gwges49y3mt47h1t0wjnhd3s59
OMB Uniform Guidance Indirect Costs
Webinar
January 15, 2015
Tribal governments offer a variety of services to their communities. Measuring the cost of these services can be useful in calculating the indirect cost rate. This webinar highlights changes to indirect cost rates in the new OMB Super Circular, which makes clear that a tribal government's indirec...
OMB Uniform Guidance Overview
Webinar
January 15, 2015
This webinar provides an overview of changes in the OMB Uniform Guidance, with a focus on tribal-specific provisions.
https://nafoa.app.box.com/s/19byv9v5jkqmx9clcztek1vzj70wftj1
OMB Uniform Guidance Procurement Standards
Webinar
November 20, 2014
With increased pressure on the federal government to make purchasing more accountable, there is a growing importance to have solid purchasing processes in place in tribal governments. This webinar highlights provisions in the OMB Super Circular, now containing five different selection methods for...
Glossary of Indian Tribal Finance Terminology
Publication
Discussions about borrowing can be confusing. Bankers, lawyers and other industry professionals use terminology that is widely understood within the business but which is not a part of everyday conversation. If you have ever picked up a credit agreement or tried to evaluate a financing proposal, ...
Financial Reporting and Information Guide for Tribal Governments and Enterprises
Publication
The Financial Reporting and Information Guide for Tribal Governments and Enterprises (Orange Book) addresses the complex economic activity and related entity differences of tribal settings. It also presents an overview of the financial reporting framework in a tribal setting. The Orange Book incl...