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KUDOS GEORGIA LLC
TBILISI
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Subcontracting experience
1 record from government sources. Past participation is not evidence of current teaming interest.
| Role | Agency | Description | Vehicle | Obligated | Action date | Period |
|---|---|---|---|---|---|---|
| Subcontractor | Agency for International Development | THE PROGRAM AIMS TO ASSIST THE SELECTED COHORT OF PARTNER CSOS IN CARRYING OUT THEIR FINANCIAL AND TAX REVIEW TO ENSURE COMPLIANCE WITH PROPER FINANCIAL MANAGEMENT, LEGAL AND REGULATORY REQUIREMENTS, ACCOUNTABILITY STANDARDS, AND DOMESTIC TAX LEGISLATION. THE REVIEW WILL PRIMARILY FOCUS ON TAX COMPLIANCE WITHIN A THREE-YEAR HORIZON BUT WILL ALSO COVER A GENERAL REVIEW OF THE ORGANIZATION€„¢S FINANCIAL RECORDS, AS SPECIFIED BELOW.
TASKS
THE PROGRAM WILL BE IMPLEMENTED BY THE HICD ACTIVITY€„¢S LOCAL SUBCONTRACTOR WITH EXTENSIVE EXPERTISE IN CONDUCTING FINANCIAL AND TAX REVIEWS AND AUDITS. THE SUBCONTRACTOR WILL:
§ESTABLISH A WORKING GROUP COMPOSED OF THE CSO€„¢S SENIOR MANAGEMENT, FINANCE, AND OPERATIONSSTAFF TO OVERSEE THE ASSESSMENT PROCESS AND PARTNER WITH THE CONSULTANTS.
§ORGANIZE A SERIES OF WORKSHOPS/INTERVIEWS TO GATHER DETAILED INFORMATION ON TAX COMPLIANCE STATUS,OPERATIONAL PROCESSES, AND CHALLENGES FACED.
§REVIEW FINANCIAL RECORDS:
-INCOME AND REVENUE: ANALYZE ALL SOURCES OF INCOME, INCLUDING DONATIONS, GRANTS, MEMBERSHIP FEES,AND OTHER FUNDRAISING ACTIVITIES, AND EXAMINE THEM TO ENSURE THAT THEY ARE LEGITIMATELY ANDADEQUATELY DOCUMENTED AND RECORDED.
-EXPENSES: EXAMINE EXPENSES TO ENSURE THEY ARE LEGITIMATELY AND ADEQUATELY DOCUMENTED.
-FINANCIAL STATEMENTS: ANALYZE BALANCE SHEETS, INCOME STATEMENTS, AND CASH FLOW STATEMENTS FORCOMPLETENESS AND ACCURACY.
§REVIEW COMPLIANCE WITH TAX LAWS AND REGULATIONS:
-FILING REQUIREMENTS: ANALYZE ALL TAX FILINGS AND RELATED DOCUMENTATION WITHIN THE APPLICABLE TAXLIMITATION PERIOD (THREE YEARS) FOR COMPLETENESS AND ACCURACY.
-TAX EXEMPTIONS AND DEDUCTIONS: VERIFY THAT THE ORGANIZATION QUALIFIES FOR AND CORRECTLY APPLIES ANYTAX EXEMPTIONS AND DEDUCTIONS.
§EVALUATE OPERATIONAL PROCESSES:
-EXAMINE OPERATIONAL WORKFLOWS, GOVERNANCE STRUCTURE, MANAGEMENT PRACTICES, AND INTERNAL CONTROLSTO IDENTIFY INEFFICIENCIES.
§DEVELOP RECOMMENDATIONS:
-FORMULATE RECOMMENDATIONS AND AN ACTION PLAN TO ADDRESS IDENTIFIED GAPS IN TAX COMPLIANCE ANDOPERATIONAL MANAGEMENT.
§GUIDE THE ORGANIZATION€„¢S LEADERSHIP, MANAGEMENT, AND STAFF ON BEST STANDARDS AND PRACTICES INFINANCIAL AND TAX COMPLIANCE.
§DEVELOP TEMPLATES, TOOLS, AND MATERIALS FOR THE HICD ACTIVITY COE ONLINE REPOSITORY.
PLANNED OUTPUTS
–ªASSESSMENT REPORT WITH DETAILED FINDINGS AND RECOMMENDATIONS IS DEVELOPED FOLLOWING ACOMPREHENSIVE FINANCIAL AND TAX REVIEW.
–ªLEADERSHIP, MANAGEMENT, AND STAFF HAVE RECEIVED GUIDANCE ON BEST FINANCIAL AND TAXMANAGEMENT STANDARDS AND PRACTICES.
ANTICIPATED OUTCOME
EACH PARTNER CSO FOLLOWS THE FINANCIAL AND TAX REVIEW FINDINGS AND RECOMMENDATIONS PROVIDED BY THE CONSULTANTS. 72011421C00001-10-KUDOS-TO-02 Parent award context Parent award agency: Agency for International Development · Agency for International Development Parent award NAICS: 561499 Parent award description: HUMAN AND INSTITUTIONAL CAPACITY DEVELOPMENT (HICD) ACTIVITY IN GEORGIA View parent award on USAspending | — | $32,474 | Sep 6, 2024 | — – — |
Contract vehicles are shown only when present in the source record. Linked award numbers and vehicles open the authoritative record on USAspending.gov.
Government-sourced data comes from SAM.gov, SBA and USAspending.gov and is attributed to its source. Items marked company-reported were provided by the company and are verified by FedSub only where labeled. FedSub is a private company and is not affiliated with SBA, GSA/SAM.gov, or any government agency.