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Insight in Indian Country

Author: REDW Advisors & CPAs

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REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Gain expertise on building bright futures futures with our trusted advisors. Press play on your commute or coffee break! 

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It's time to dust off those P&Ps! REDW's Internal Audit team is here to help you find the finish line with your organization's policies and procedures.For all types of organizations, turnover and evolving roles are common issues that both contribute to outdated policies and procedures and require their updates. For Internal Audit Awareness Month, REDW National Tribal Practice Leader Wes Benally and Internal Audit Audit Senior Manager Cait Gutierrez discuss the importance of an internal audit and the role it plays in tribal organizations. They highlight the need for effective financial policies and procedures and the impact they can have on an organization's success. Cait shares examples of how noncompliance with financial regulations and the lack of proper policies and procedures can negatively impact organizations.  TakeawaysInternal audit is a critical function in organizations, including tribal organizations, and plays a key role in risk mitigation.Financial policies and procedures are essential for the success of an organization and should be regularly reviewed and updated. Outdated policies and procedures can lead to inefficiencies, increased risks, and potential noncompliance with financial regulations.Common risks in organizations include turnover, fraud, bottlenecks, and loss of funding.Collaboration and buy-in from all levels of the organization are crucial for the successful development and implementation of policies and procedures.Regular reviews and updates of policies and procedures are recommended, and projects can be phased to manage resources effectively.Chapters00:00 - Introduction and Importance of Internal Audit03:45 - The Role of Policies and Procedures in Risk Mitigation07:30 - The Impact of Outdated Policies and Procedures10:45 - Striking a Balance: Efficiency and Risk Mitigation in Policy and Procedure Design14:13 - Common Risks and the Benefits of Regular Reviews and Updates24:46 - Areas That Often Need Policy and Procedure Updates27:35 - Next Steps and REDW's Expertise in Financial Policies and Procedures31:19 - Don't miss the New Mexico Society of CPAs Tribal Conference!ReferencesContact Cait Gutierrez on REDW's Internal Audit team to set up a consult or for help assessing your organization's needsEvent info: New Mexico Society of CPAs (NMSCPA) Second Annual Tribal Conference - May 16, 2024 Register for in-person attendance for the Second Annual Tribal Conference hosted by NMSCPA and REDWAddress: 3400 Menaul Blvd NE, Albuquerque, NM 87107Register for virtual attendance for the Second Annual Tribal Conference hosted by NMSCPA and REDWGet connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
On May 16, the New Mexico Society of CPAs (NMSCPA) is hosting their Second Annual Tribal Conference focused on tribal enterprises, cohosted by REDW Advisors and CPAs. Wes Benally is joined by fellow REDW Principals Victor Flores and Chris Henderson to touch on conference topics including tribal economics, entrepreneurship, and impact investing with native-owned businesses. Victor and Cait Gutierrez, REDW Internal Audit Senior Manager, will join a lineup of respected speakers at the event. Their sessions will provide valuable perspectives and actionable knowledge on economic development and entrepreneurship within Native communities. The conference aims to foster learning, networking, and collaboration among tribal enterprises and professionals.Not in New Mexico? Not a problem! Attendees can join in person or virtually.This conference also offers up to 4.0 Continuing Professional Education (CPE) credits, adding extra value for attending professionals seeking to advance their knowledge and expertise.Chapters00:00 - Introduction to the NMSCPA Tribal Conference06:58 - Tribal Enterprises and Other Industries in Indian Country11:12 - Innovative Business Models in Tribal Enterprises15:35 - Learning and Networking at Conferences24:23 - Taking Action and Implementing IdeasReferencesEvent info: New Mexico Society of CPAs (NMSCPA) Second Annual Tribal Conference - May 16, 2024 Register for in-person attendance for the Second Annual Tribal Conference hosted by NMSCPA and REDWAddress: 3400 Menaul Blvd NE, Albuquerque, NM 87107Register for virtual attendance for the Second Annual Tribal Conference hosted by NMSCPA and REDWGet connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
Tribal fiduciaries have a responsibility to follow sound fiscal practices and fulfill their duty of care. This episode, Wes Benally and Paul Madrid discuss the Tribal fiduciary role and reducing risk in the management of employer-sponsored retirement plans. Paul explains the unique challenges tribal fiduciaries face, the importance of following fiduciary responsibilities, and introduces REDW's retirement plan sponsor scorecard—a tool specially designed to help Tribes assess their retirement plan management. The scorecard consists of 14 questions that cover areas such as investment policies, goals and objectives, and the effectiveness of education programs. Paul emphasizes the significance of having an investment committee and providing education to plan participants and highlights the role of accredited investment fiduciaries in sound fiscal practices.TakeawaysThe retirement plan sponsor scorecard helps tribes assess their retirement plan management and identify areas for improvement.Key areas covered by the scorecard include investment policies, goals and objectives, and the effectiveness of education programs.Having an investment committee and providing education to plan participants are crucial for successful retirement plan management.Accredited investment fiduciaries play a significant role in sound fiscal practices and reducing risk.Chapters00:00 - Introduction to Managing Employer-Sponsored Retirement Plans02:09 - Introducing the Retirement Plan Sponsor Scorecard05:13 - Understanding Fiduciary Responsibilities and Risk Management08:56 - The Importance of Investment Policies and Committees12:23 - Providing Education and Support to Plan Participants21:29 - Taking the Retirement Plan Sponsor Scorecard24:24 - Conclusion and Invitation to NEFO ConferenceReferencesRead: Fiduciary Risk Management for Retirement Plan SponsorsLearn More: REDW's 14-Question Retirement Plan Sponsor Scorecard for TribesEvent: NAFOA's 42nd Annual Conference - April 29 @ Seminole Hard Rock HotelWealth Management Disclosure Statement© 2024 REDW Wealth LLC. This publication is intended for general informational purposes only and should not be construed as investment, financial, tax, or legal advice. Information and instruction shared in the article above do not guarantee outcomes, performance, or quality of services provided to REDW Wealth Management clients by REDW Wealth Management or its employees. Adherence to our fiduciary duty is not a guarantee of client satisfaction or any particular outcome. Advisory, Assurance, and Tax is offered through REDW LLC. Wealth Management is offered through REDW Wealth LLC.Get connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
Our celebration of Women's History Month continues with Hattie Mitchell, a senior manager in client advisory and accounting services. Hattie shares her journey as a professional and member of the Prairie Band Potawatomi Nation with REDW National Tribal Practice Leader and show host, Wes Benally. She discusses the inspiration she drew from her family's involvement in tribal finance, and talks about her involvement in the Governmental Accounting Standards Advisory Council (GASAC) and the unique reporting needs of tribal governments. Chapters00:00 Introduction00:28 Hattie's Background and Inspiration07:06 Governmental Accounting Standards Advisory Council12:26 Finance Certificate Program and Teaching19:00 Dealing with Stress and Challenges20:29 Advice for Young Professionals22:20 Closing RemarksReferences2024 Governmental Accounting Standards Advisory Council (GASAC) Technical Agenda Prioritization - For Tribal Leaders and Tribal Financial Professionals - The GASAC is seeking feedback from members in prioritizing the GASB's Technical Plan. Provide your responses by Monday, April 8, 2024.GASAC April 15-16 Live Meeting Info - Available by webcast. If planning to observe a meeting, please provide notification no later than 48 hours before the meeting. Find details here.Contact Hattie Mitchell by email.2024 Indian Gaming Tradeshow and Convention - The largest gathering of tribal leaders and casino executives in the country, the Indian Gaming Tradeshow & Convention is now in its 31st year and continues to deliver the insight and strategies needed to succeed in the competitive gaming industry. REDW Gaming Operations Manager Kandi Link to Speak in The Smart Casino: Embracing Technology and the Modern Gaming Floor. Get connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
Happy Women's History Month! In this episode, REDW Principal and National Tribal Practice Leader Wes Benally interviews Colaine Curtis, a senior manager and client advisor. Colaine shares her journey as a Diné woman in the accounting profession, discussing her early career working for tribal organizations, transition to public accounting, and the rewards and challenges of her work. She offers advice for those considering a career in accounting and emphasizes the importance of indigenous representation in the field.Chapters00:00 - Introduction and Background04:03 - Early Career and Experience06:23 - Working in Startups and Tribal Organizations09:03 - Transition to Public Accounting10:41 - Motivation and Rewards in the Field21:50 - Decrease in Enrollment and Indigenous Representation28:18 - Closing Remarks and AppreciationReferencesCareers at REDW - REDW has served Sovereign Tribal Nations for over 40 years. Our team members understand and respect tribal sovereignty and culture and have become deeply invested in the financial well-being of tribal communities. Learn more about our current career opportunities at redw.com/careers.OTFC Spring Conference - The Oklahoma Tribal Finance Consortium (OTFC) Spring 2024 Conference is almost here! We'll see you March 27th - 29th at Indigo Sky Casino Resort in Wyandotte, OK. Register or learn more at oktribalfinance.com.Get connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
REDW cybersecurity expert Brian Grayek is back to discuss security risks and solutions for Tribal Nations with National Tribal Practice leader and podcast host, Wes Benally. Recent nationwide efforts for Tribes to access FEMA cybersecurity grant funding were met with challenges during the application process, preventing some Tribes from receiving critical funding. In their discussion, Brian and Wes are highlighting the importance of having a comprehensive cyber plan and detailed project plans when applying for grants. They also discuss the risks of not receiving funding and the need for internal funding to improve security infrastructure. What's the best way for Tribes to prepare for future cybersecurity grant opportunities that are bound to come? We're discussing resources available to help Tribes do just that. Tune in! Chapters00:00 Introduction and Background02:31 Gap in Tribe's Ability to Apply for Cybersecurity Grants05:30 Cybersecurity Risks and Costs to Organizations08:20 Preparing for Future Cybersecurity Grants12:19 Using Security Scorecards as a Tool20:18 Conclusion and What to Do NextTakeawaysHaving a comprehensive cyber plan and detailed project plans is crucial when applying for cybersecurity grants.Tribal nations face cybersecurity risks and need to allocate internal funding to improve security infrastructure.Starting early and seeking professional assistance is recommended to prepare for future cybersecurity grants.Using security scorecards can help assess and improve cybersecurity measures.Get connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
This episode, REDW National Tribal Practice Leader Wes Benally is discussing the Inflation Reduction Act and its impact on Tribal Nations with Senior State and Local Tax Manager Thomas Miller. They explore the provisions in the act that provide opportunities for investment in energy, infrastructure, and climate resilience programs for Tribes. Their conversation highlights the allocation of funds to tribal communities and the specific programs available for funding, and it emphasizes the importance of staying proactive and informed about the funding opportunities and the process of getting registered. Tribes shouldn't miss exploring the eligibility of their projects and should seek consultations and training to maximize the benefits of the act!TakeawaysThe Inflation Reduction Act presents major opportunities for investment in energy, infrastructure, and climate resilience programs for tribal nations.Tribes can access over $720 million allocated to Indian country for climate and energy advancements.Funding opportunities include high efficiency electric home rebate programs, tribal energy loan guaranteed programs, tribal electrification programs, tribal climate resilience programs, and more.Tribes should stay proactive and informed about the funding opportunities, review eligibility criteria, and seek consultations and training to maximize the benefits of the act.Chapters00:00 Introduction and Background01:43 Overview of the Inflation Reduction Act03:08 Allocation of Funds for Tribal Communities05:01 Funding Opportunities for Tribes07:13 Specific Programs for Tribal Communities08:42 Qualifying for IRA Programs10:07 Administration of Funds11:15 Relevant Funding Opportunities13:20 Rural Energy for America Program15:08 Staying Proactive and Informed16:05 Projects Eligible for Funding17:10 Process of Getting Registered18:17 Consultations and Training20:01 Considerations for Funding Eligibility21:22 Importance of Reviewing Eligibility22:12 ConclusionGet connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
What exactly is a "soft landing" in the economy? This episode, REDW National Tribal Practice Leader Wes Benally and Wealth Management Principal Paul Madrid are discussing economic outlook for Tribal Nations in 2024, covering potential economic slowdowns, inflation outlooks, fixed income investments, and more. 🎧 Tune in for expert insights on financial planning. 💸🫰 TakeawaysA soft landing in the economy is a slowdown without a recession, and it is the current expectation for 2024.When considering financing for projects, it may be beneficial to wait for interest rates to potentially decrease or explore floating rate loans.Having excess cash on hand can be an opportunity to generate income through investments such as US government bonds.Diversifying equity investments within the US and non-US markets can help manage risk and capture potential upsides.Regularly reevaluating risk and asset allocation is important to ensure alignment with financial goals and minimize surprises.Election years can bring volatility to the market, so it is important to be prepared and consider diversification.Inflation is an important metric to consider when budgeting and making financial decisions.Regularly reviewing and adjusting financial strategies with the help of an advisor can help optimize financial outcomes for Tribal Nations.Chapters00:00 Introduction01:48 Economic Slowdown and Soft Landing06:18 Considerations for Financing Projects08:31 Maximizing Cash on Hand12:41 US Equities and Non-US Equities16:59 Reevaluating Risk and Asset Allocation20:36 Risks in an Election Year25:29 Considerations for Inflation26:51 Final Thoughts© 2024 REDW Wealth LLC. This publication is intended for general informational purposes only and should not be construed as investment, financial, tax, or legal advice. Information and instruction shared in the article above do not guarantee outcomes, performance, or quality of services provided to REDW Wealth Management clients by REDW Wealth Management or its employees. Adherence to our fiduciary duty is not a guarantee of client satisfaction or any particular outcome. Advisory, Assurance, and Tax is offered through REDW LLC. Wealth Management is offered through REDW Wealth LLC.Get connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
Join Wes Benally, REDW Principal and National Tribal Practice Leader, for a one-to-one with Karletta Jones (Dine’), CPA, CIA—a true unicorn combination. Karletta is jumping on the podcast to talk about stewardship, the value of growing up immersed in Navajo culture, going after goals, and encountering adversity while pursuing higher education and CPA licensure. She is the Assistant Director, Financial Oversight with the W.A. Franke College of Business at Northern Arizona University.Get connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
The path to becoming a CPA is no easy feat. As we celebrate Native American Heritage Month, join Wes Benally and Ryan Claw (Dine’) as they discuss what it takes to join the elite ranks of Certified Public Accountants. As REDW Principal and National Tribal Practice Leader, Wes understands the dedication required to establish a career in accounting and this episode is sitting down with Ryan Claw, Interim Executive Director of Treasury for Tohono O'odham Nation, to discuss  obstacles they overcame to become CPAs and succeed in a demanding field. Tune in to hear candid insights from leading accounting professionals as they reflect on their shared experiences and how the industry has changed over the years.  Get connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
Are you on track for GASB 96 implementation and meeting compliance? If you’re a tribal government entity using subscription-based software, your financial statements will soon be held to a whole new accounting standard: GASB 96 – Subscription-Based IT Arrangements (SBITAs). Are you ready to comply with the new accounting rules? Do you know what you need to do, and by when? Join hosts Wes Benally and Mike Dierlam as they answer top questions they received during their October 18 webinar covering the new software subscription accounting standard, GASB 96. Wes and Mike are unpacking some complexities in the new standard so you can comply with confidence.Haven't watched the webinar yet? View it on-demand here before tuning into this Q&A companion episode. Questions on implementation? Contact us. We're standing by to help make implementing GASB 96 easier.Get connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
2024 Update: The FEMA/CISA cybersecurity grant application process closed January 10th, 2024. What's the best way to prepare for future cybersecurity grant opportunities that are bound to come? Listen to our latest episode on cybersecurity funding for Tribal Nations.__________________________________________________Is it time to strengthen your tribe's cybersecurity? On September 27th, the Federal Emergency Management Agency (FEMA) announced the funding of a new grant—the Tribal Cybersecurity Grant Program (TCGP)— to aid tribal leaders in protecting their communities against the risk and consequences of cyber-attacks.Join host Wes Benally as he speaks with cybersecurity expert Brian Grayek about this new federal grant opportunity for Tribal Nations. With an urgent deadline of January 10, 2024, the Department of Homeland Security's Tribal Cybersecurity Grant Program provides $18.2 million in funding for tribes to enhance the security of their IT infrastructure and systems. Eligible grant applicants meeting the definition of a Federally Recognized Tribal Government must have submitted their Grant Application, received feedback from FEMA and CISA on required changes, and submitted those changes back before 5 pm ET on the January 10 deadline.Wes and Brian discuss key details Tribes need to know about eligibility, requirements, the application process and more for this vital program aimed at strengthening cyber defenses in Indian Country. Tune in to gain insights and get your questions answered about this time-sensitive grant. Or get straight down to business and contact us today to setup a free 20-min consultation.Get connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
The 47th Annual National Native American Human Resources Association (NNAHRA) Conference is right around the corner! It’s time to level-up from posting a job position and crossing your fingers. What more can HR recruiters in Indian Country do to land top job candidates? From applications to negotiating counteroffers and onboarding promising new hires—everyone in the world of HR is feeling the pressure to deliver. Through REDW’s extensive work in recruiting, our HR Consulting group has developed some fine-tuned expertise in placing exceptional candidates and advising HR leaders on getting job candidates smoothly and happily through the hiring process.In this insightful episode, a dynamic trio of REDW experts dive into the world of recruitment and key strategies to be unveiled at NNAHRA’s (sold out) 47th Annual Conference. Conference attendees won’t want to miss REDW at the show! Attend our presentation on 9/25, "The 2023 Recruiting Conundrum - Tips and Tricks," look out for our friendly team members sporting vibrant neon vests that read “Emotional Support Human” and stop by our booth to sign up for a free professional chair massage. —You read that right. We’re not just here to talk business, we’re here to help you find solutions to your most important HR struggles and take a load off. You deserve it!Want more info?Learn more about REDW’s transformative HR Consulting services at redw.com/hrc.Get more details on REDW at NNAHRA’s 47th Annual Conference»Get connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
What steps can you take to improve cash flow management at your organization? Maximizing financial potential can feel overwhelming once you dive into the ins and outs of all your transactions. Where do you start? And what should your end-goal be?In this episode, Wes Benally and Chris Henderson are following up to our previous episode on working capital with a discussion on practical strategies for managing cash flow in today's challenging business landscape. From optimizing collections to prioritizing payments effectively, forecasting cash flow to controlling expenses— financial decision-makers for Tribal-run businesses won't want to miss this episode. Tune in!Get connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
It's a question we get a lot, "How does my business measure up against competitors?" While the answer usually earns us more glazed looks than donuts, we're determined to show you how effective management of your working capital and cash flow is important as a business leader and could lay the foundation for a much needed game-change.  Ready to learn how better working capital management can help your business improve profitability? Don't miss part one of our business management episodes on working capital and cash flow with REDW Principal and National Tribal Practice Leader Wes Benally and Principal, Client Accounting and Advisory Services, Chris Henderson.Get connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
What happens in Vegas doesn't always stay in Vegas. It is crucial for tribal gaming enterprises to begin to strategize and plan on how to document and test how to protect data, systems, and customers from cyber threats— and the Nevada Gaming Commission has laid out new cybersecurity regulations to ensure gaming operations are safeguarding data and reporting incidents. We are certain that these rules and regulations will roll into tribal gaming soon.Join REDW National Tribal Practice Leader Wes Benally and IT & Cybersecurity Consulting Director Brian Grayek for a discussion on the critical topic of cybersecurity for gaming operations and new cybersecurity requirements in Nevada.Get connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
GASB, GASB, GASB! (Or should we say, SIGH?) If there’s one thing we know about governmental accounting standards it’s that things change. This episode, REDW Principal and National Tribal Practice Leader Wes Benally and Audit & Assurance Principal Chris Bitakis are looking into future GASB implementations that will likely be affecting Tribal governments and enterprises. What will you need to consider to get ready for upcoming changes? Tune in to get in the loop on what’s around the corner and for insights on current reporting requirements.Get connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
Mergers and acquisitions are known to have a high probability of failure. Are they worth the risk? This episode, REDW Principal and National Tribal Practice Leader Wes Benally is discussing three primary reasons why prospective mergers or acquisitions fail with in-house valuation expert Braden McClintock, REDW Valuation & Related Financial Services Manager. From overpaying to overestimating and the post-merger integration process, Braden is laying out how to prevent buyer's remorse in M&A transactions with financial due diligence. Tune in to gain the expert perspective and learn how to make more informed decisions when the risk is high.Get connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
In this episode, your host Wes Benally, REDW Principal and National Tribal Practice Leader, is diving into the top concerns for Tribal Human Resources departments. Joined by experts from REDW's Human Resources Consulting group - Sam Bolen, Laurel Roybal, and Taryn Reynolds - they share valuable insights and solutions for HR teams operating in tribal entities, discussing:The importance of accurate compensation data for making informed hiring decisions.How salary compression occurs and avoiding pay disparities.Tactics for tribal entities, particularly those in rural areas, to recruit and retain top talent despite compensation challenges.The impact of remote work and hybrid job positions on HR departments and strategies for adaptation.Tune in to gain expert perspectives on the top concerns for Tribal Human Resources departments and discover practical solutions for attracting and retaining talent, and enhancing the employee experience in tribal entities. Get connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
As a tribal healthcare finance professional, it is essential to understand the various responsibilities involved in fulfilling your fiduciary responsibility. From technical accounting standards to cybersecurity and IT-related matters, all facets of the job are interconnected and crucial to protect your organization's funding and ultimately serve your patients.In this episode,  REDW Principal and National Tribal Practice Leader Wes Benally is joined by tribal healthcare finance experts Chris Tyhurst and Marcus Benally to discuss the role of a tribal healthcare finance professional, covering a wide range of topics, including technical accounting standards, the use of federal funds, cybersecurity, and IT-related items. They emphasize the importance of planning strategically, prioritizing current issues, and creating a plan of action, and recommend utilizing your team and outsourcing to address specific categories that require expertise.Tribal healthcare professionals responsible for finance will want to make sure they're up to scratch on the various responsibilities involved in protecting funding for their organizations.Get connected to expert insights for Tribal Nations. Subscribe to the Insight in Indian Country Newsletter. REDW Advisors and CPAs is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
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