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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! 

REDW Advisors & CPAs


    • Mar 28, 2025 LATEST EPISODE
    • monthly NEW EPISODES
    • 26m AVG DURATION
    • 51 EPISODES


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    Latest episodes from Insight in Indian Country

    “Nothing beats a warm welcome."

    Play Episode Listen Later Mar 28, 2025 31:05


    John James, CEO of Navajo Nation Gaming Enterprise (Navajo Gaming), joins Wes Benally this episode to discuss the evolution of tribal gaming. They discuss the importance of customer experience and the role of innovation in the industry. John shares insights on navigating economic uncertainty, balancing technology with team development, and the significance of non-gaming amenities in enhancing customer experiences. A must-listen for aspiring leaders in the gaming sector!Chapters·        01:18 - Evolution of Tribal Gaming Over the Decade·        04:53 - The Experience of Brick-and-Mortar Casinos·        08:25 - Customer-Centric Operations in Gaming·        11:54 - Navigating Economic Uncertainty in Gaming·        14:42 - The Role of Innovation in Gaming Operations·        17:32 - Balancing Technology and Team Development·        19:21 - Non-Gaming Amenities and Customer Experience·        25:01 - Future Trends in Tribal Gaming·        29:14 - Advice for Aspiring CEOs in the Gaming IndustryREDW 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!

    “Show up, work hard, and be honest."

    Play Episode Listen Later Mar 25, 2025 27:20


    This episode, REDW National Tribal Practice Leader, Wesley Benally, welcomes Rebecca George, Executive Director of the Washington Indian Gaming Association, to the podcast. They discuss the misconceptions surrounding tribal gaming, the economic impact it has on communities in the Pacific Northwest, and the importance of education and advocacy in navigating state-tribal relations in Washington. Rebecca shares insights on the diversification of tribal economies beyond gaming and the future trends in gaming technology. The conversation emphasizes the need for collaboration and education to support tribal sovereignty and empower future leaders.Chapters·        00:00 - Introduction to Tribal Gaming and Misconceptions·        02:50 - The Impact of Gaming on Tribal Communities·        05:51 - Navigating State-Tribal Relations·        09:01 - Economic Diversification Beyond Gaming·        11:47 - Future Trends in Gaming Technology·        14:57 - The Importance of Education and Advocacy·        18:01 - Advice for Future Tribal LeadersREDW 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!

    "Ask the question, every time." ✅ The Future of Tribal Gaming in California with James Siva

    Play Episode Listen Later Mar 21, 2025 29:39


    In this episode, Wesley Benally interviews James Siva, Vice Chairman of the Morongo Band of Mission Indians, discussing the dual perspectives of tribal leadership and gaming advocacy. They explore the future of gaming in California, the importance of balancing community values with economic decisions, and the need for economic diversification among tribal nations. Siva emphasizes the significance of engaging younger generations in the gaming industry and the power of inter-tribal collaboration. He also shares valuable advice for future tribal leaders, encouraging them to ask questions and embrace their unique perspectives.Chapters·        00:00 - Introduction to Tribal Leadership and Gaming Advocacy·        03:09 - The Future of Gaming in California·        05:54 - Balancing Community Values and Economic Decisions·        09:09 - Economic Diversification for Tribal Nations·        11:55 - Engaging the Younger Generations in Gaming·        14:55 - Inter-Tribal Collaboration and National Impact·        20:58 - Advice for Future Tribal LeadersREDW 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!

    "We're still here, we're thriving."

    Play Episode Listen Later Nov 21, 2024 34:14


    Wesley Benally welcomes Taryn Reynolds, MSL, THRP II, to the Insight in Indian Country Podcast. Taryn is a proud member of the Osage Nation and Human Resources Consultant at REDW Advisors & CPAs. With a rich background spanning 13 years in tribal government, she shares her unique perspective on blending traditional values with progressive governance in tribal organizations.In their conversation, Taryn emphasizes how protecting sovereignty extends beyond language preservation into organizational policies. Taryn illustrates how tribal communities can be both progressive and traditional, challenging the "that's how it's always been done" mentality while honoring cultural values. Her message resonates with a powerful truth: Native communities aren't just surviving – they're thriving and creating sustainable futures for generations to come.Chapters00:00 - Introduction and Personal Background03:19 - Cultural Identity in Professional Practice08:27 - Understanding Tribal Sovereignty and HR14:31 - Progressive Approaches to Tribal Governance19:44 - Sources of Inspiration and Mentorship25:14 - Vision for Future Tribal Leaders28:08 - Reflections on Native American Heritage Month30:17 - Closing Thoughts on Ambition and LeadershipGet 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!

    "We did it for the People."

    Play Episode Listen Later Nov 14, 2024 29:02


    In this powerful episode of Insight in Indian Country, host Wesley Benally welcomes Sean McCabe, CPA and Controller of the Navajo Nation, for a candid discussion about building a meaningful legacy in tribal finance. With nearly 30 years of accounting experience, Sean reflects on what it means to leave a lasting impact that "my kids could be proud of, my people could be proud of." As a member of the Salt People Clan and Red Running into the Water Clan, Sean shares how he navigates his role as one of the key financial leaders of the largest tribal nation in the country, always keeping service to the community at the forefront.The conversation delves into the unique challenges and opportunities of tribal financial leadership, where cultural values and business decisions intertwine. Sean offers valuable insights into the critical need for Native representation in senior financial positions across Indian Country, encouraging the next generation to step up to the plate: "We need more young Native American people at the top that can really lead discussions and lead communities and tribes in a direction that we've never seen before."Through their discussion, both leaders emphasize that true success isn't just about winning or losing, but about doing things "the right way" and maintaining the values inherited from their ancestors while pushing for progress. Sean's journey illustrates how professional excellence and cultural identity can work together to create a legacy that serves the people.Chapters00:00 - Introduction and Welcome02:14 - Sean's Background and Cultural Identity04:14 - Blending Cultural Values with Professional Practice08:27 - Navigating Leadership in Tribal Finance13:16 - Native Representation in Professional Positions17:48 - Sources of Inspiration and Motivation22:22 - Building a Professional Legacy26:16 - Reflections on Native American Heritage Month29:31 - Closing Thoughts and EncouragementGet 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!

    "If not me, then who?"

    Play Episode Listen Later Nov 7, 2024 27:57


    It's Native American Heritage Month! The latest episode of Insight in Indian Country features Marcus Benally, a Navajo audit manager at REDW Advisors and CPAs, who skillfully blends his grandfather's teachings with corporate leadership in the finance industry. In this candid conversation, podcast host REDW Principal and National Tribal Practice Leader Wesley Benally sits down with Marcus to discuss how cultural identity becomes a superpower in professional settings, even when imposter syndrome strikes.Their discussion challenges the notion that tribal communities are merely historical footnotes, highlighting their current economic impact and innovation. Marcus's journey illustrates how traditional values – from education to community connection – can transform into professional strengths.This episode emphasizes a larger truth: Native American heritage isn't just a monthly observance but a vital, ongoing force in American society. It's a powerful reminder that embracing one's cultural roots can be the key to authentic leadership.Chapters00:00 - Introduction to Native American Heritage Month02:16 - Cultural Identity and Professional Journey05:44 - Leadership and Representation in Business10:55 - Overcoming Imposter Syndrome16:10 - Economic Contributions of Tribal Communities20:57 - The Significance of Native American Heritage Month25:01 - Acknowledging Historical Injustices26:51 - Future Endeavors and Closing ThoughtsGet 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!

    Mo Brings Plenty: Empowering Tribal Nations Through Improved Healthcare

    Play Episode Listen Later Sep 26, 2024 9:28


    Actor and spiritual leader Mo Brings Plenty joins the Insight in Indian Country Podcast guest-hosted by REDW's Cristin Heyns-Bousliman. With a special appearance with Wesley Jones, Mo discusses Tribal Nations Health, a Native-led organization he co-founded with James Jordan. The organization provides customized healthcare solutions for Tribal communities, focusing on preventive care, empowering elders, and creating culturally tailored solutions that respect Tribal sovereignty. Mo emphasizes how their approach can preserve Tribal culture, create jobs for elders, and improve overall community health. Chapters00:00 - Introduction to the Podcast and NNAHRA Conference01:27 - The Vision Behind Tribal Nations Health03:03 - Innovative Healthcare Solutions for Tribal Communities06:21 - Empowering Elders and Cultural Knowledge08:14 - Leadership and Understanding Tribal NeedsTakeawaysTribal sovereignty is essential in healthcare decision-making.Preventative care is crucial for better health outcomes.Elders hold valuable cultural knowledge that should be preserved.Healthcare solutions must be tailored to individual Tribes.Empowering elders can create job opportunities in the community.Community involvement is key to successful healthcare solutions.Positive work environments are vital for tribal employment opportunities.The leadership team at Tribal Nations Health includes enrolled tribal members.Tribal Nations Health aims to improve healthcare for tribal communities.ResourcesTribal Nations Health is a Native-led organization providing customized healthcare solutions and benefits services for Tribal communities. Their approach is designed to meet the unique needs of Tribal members while keeping resources within Indian Country. Learn more at tribalnationshealth.com.People are fundamental to every organization's success. Are you finding the navigation of complex HR regulations to be challenging and time-consuming? REDW's HR Consulting group helps HR teams (and professionals with HR responsibilities) to create stable work environments where both employees and their organizations can be healthy and poised for growth. Browse our suite of HR Consulting solutions.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!

    Small Business Owners Can't Afford to Miss BOI Reporting Deadlines

    Play Episode Listen Later Sep 12, 2024 22:11


    The Corporate Transparency Act (CTA) was enacted by the Financial Crimes Enforcement Network (FinCEN) to combat money laundering and financial crimes. The act requires some 32 million businesses to report beneficial ownership information by January 1, 2025, and carries steep consequences for non-compliance. This episode, Wes Benally discusses the impact to Tribal businesses and entities that are subject to the CTA, exemptions, required reporting information, and more, with REDW Senior State and Local Tax Advisors Jeanna Schenk and Thomas Miller. Unsure if the CTA applies to your organization? Don't guess. Tune in to learn more or reach out to REDW's trusted business advisors for guidance.Chapters00:00 - Introduction to the Corporate Transparency Act04:43 - Reporting Requirements and the Beneficial Ownership Information Report (BOIR)09:07 - Considerations for Tribal Entities and Sovereignty12:25 - Unique Structures and Entities Subject to the CTA15:24 - Deadlines and Penalties for Non-Compliance17:13 - Security and Access to Reported InformationTakeawaysThe Corporate Transparency Act (CTA) requires many businesses to report beneficial ownership information to combat money laundering and financial crimes.The deadline for filing the Beneficial Ownership Information Report (BOIR) is January 1, 2025, for established businesses. For businesses created on or after January 1, 2024, the deadline is within 90 days.Failure to comply with the reporting requirements can result in significant penalties, including fines and criminal charges.Many Tribal businesses and entities are subject to the CTA, but there are exemptions for certain types of tribal businesses.The information reported to FinCEN is highly secure and access is limited to authorized entities. Meet the CTA Deadline with ConfidenceREDW's trusted team of experts are handling the reporting process through the FinCEN website for business leaders in Indian Country. Our comprehensive services ensure that all aspects of Beneficial Ownership Information Reporting are covered, including identifying any applicable filing exceptions for your business. As part of our filing services, we will consult with you to determine which entities need to file and identify who qualifies as a Beneficial Owner. The consequences for non-compliance are too steep to delay checking this off your list.Purchase REDW's BOI Reporting services in a matter of minutes.Do you have more than seven entities to report on? Schedule a Complimentary BOI Reporting Consultation. We help Tribal entities determine their reporting obligations and provide guidance throughout the process. 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 the Supreme Court Ruling in Becerra v. San Carlos Apache Means for Tribal Nations

    Play Episode Listen Later Jun 20, 2024 35:56


    Becerra v. San Carlos Apache Tribe is a landmark Supreme Court case centered around the Indian Self-Determination and Education Assistance Act (ISDEAA), which enables Tribes to enter into contracts with the Federal Government to operate their own health programs. The court's recent decision in favor of the San Carlos Apache Tribe affirmed the government's obligation to fully fund these contracts, including paying contract support costs. To dive deeper into the case and its impact for Indian Country, host and REDW National Tribal Practice Leader Wesley Benally welcomes Kevin Cronk, CPA, and Lloyd B. Miller of Sonosky, Chambers, Sachse, Endreson & Perry, LLP to the podcast.Chapters00:00 - Introduction to the Becerra v. San Carlos Apache Tribe Ruling04:14 - The Importance of Contract Support Costs for Tribal Self-Determination06:33 - Documentation Challenges and Tips for Making Successful Claims15:03 - Expanding Programs and Negotiating Better Terms with Federal AgenciesTakeawaysThe recent Supreme Court ruling in Becerra v. San Carlos Apache Tribe is a significant win for tribal sovereignty and self-determination.Contract support costs are crucial for Tribes operating health programs under self-determination, as they cover the overhead expenses of running the program.Tribes should gather the necessary documentation, such as indirect cost agreements, proposals, and amendments, to support their claims for contract support costs.The ruling provides an opportunity for Tribes to negotiate better terms with federal agencies and expand their programs to better serve their communities.Tribes should consult with legal counsel to ensure their claims are properly prepared and comply with the requirements of the Contract Disputes Act.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!

    Introducing the Tribal Leadership Council with Chairman Justin Barrett

    Play Episode Listen Later Jun 10, 2024 20:31


    The Tribal Leadership Council is a board-governed not-for-profit business that proudly supports tribal leaders and executives with continuing education and provides tools to better their organizations. Intent on building capacity in Indian County, the council's primary focus is empowering leadership and promoting economic growth and prosperity for tribal communities. This episode, REDW National Tribal Practice Leader Wes Benally sits down with the organization's Chairman and Co-Founder Justin Barrett (Eastern Shawnee Tribe of Oklahoma) to talk about the council's vision, accelerating growth, and upcoming conference. Tribal leaders won't want to miss the conference taking place July 15-18! WONDR NATION and the Mashantucket Pequot Tribal Nation have created a grant funding opportunity for five Tribal Leaders to the conference. Listen in for details. Chapters00:00 - Introductions04:22 - The Importance of Tools and Knowledge for Tribal Leaders07:42 - Creating a Collaborative Network for Tribal Leaders10:04 - Tribal Leadership Conference Dates and Registration13:54 - Opportunities for Younger Leaders to Get Involved15:36 - Collaborating with Companies like Amazon and AT&T   TakeawaysThe Tribal Leadership Council Conference aims to accelerate the growth of tribal leaders and provide them with the tools and knowledge to make the most of their time in office.The conference will cover topics such as energy sovereignty, economic development, and finance, with a focus on sharing ideas and best practices among tribal leaders.Networking and collaboration are essential for tribal leaders to learn from each other and build capacity in Indian country.The conference dates are July 15th-18th, 2024, at the Morongo Casino Resort in Palm Springs. There are still seats available, and sponsorship opportunities are also available.ReferencesRegister for the Tribal Leadership Conference 2024 | July 15 - 18, Morongo Casino, Resort & SpaLearn more about the Tribal Leadership CouncilLearn more about Tribal Leadership Council Chairman and Co-Founder, Justin BarrettLearn more about the Oklahoma Native Impact ReportGet 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!

    Implementing GASB 96 (for a Friend) with Chris Bitakis, CPA, CGFM, CGMA

    Play Episode Listen Later May 23, 2024 24:07


    The need for consistency, collaboration, and good internal controls cannot be overstated for implementing GASB 96, which establishes uniform accounting and financial reporting for subscription-based information technology agreements (SBITAs). With upcoming fiscal years ends on the horizon, REDW National Tribal Practice Leader Wes Benally and Audit Principal Chris Bitakis take some time to discuss GASB 96 implementation thus far and provide insights for tribal organizations to consider. They cover some of the challenges some Tribes have experienced during implementation and the similarities and differences between GASB 87 and GASB 96. They also discuss the importance of centralizing contracts and agreements, calculating liabilities, and creating disclosures. Professionals that are in need of a brief check in (and maybe a few laughs) while navigating the implementation of GASB 96 will find practical guidance in this episode.TakeawaysImplementing GASB 96 can be challenging, especially for organizations that did not adequately plan for the implementation of GASB 87.Centralizing contracts and agreements is crucial for effectively implementing GASB 96.Calculating liabilities requires extracting significant data, determining the legally enforceable term, and using an appropriate interest rate.Creating disclosures for GASB 96 should include a separate right-to-use subscription asset, note payable roll forward, and a subscription liability footnote.Consistency, collaboration, and good internal controls are key to successfully implementing GASB 96.Chapters00:00 - Introduction and Overview03:01 - Understanding SBITA and Its Importance07:20 - Calculating Liabilities for GASB 9609:48 - Centralizing Contracts and Agreements12:42 - A Few Notes on Best Practices16:26 - Creating Disclosures for GASB 9621:44 - The Final Stretch for Implementing GASB 9624:18 - Conclusion and Closing RemarksReferencesContact Chris and the Audit team at REDW for questions.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!

    Impact of Outdated Policies & Procedures on Tribal Organizations

    Play Episode Listen Later May 9, 2024 33:00


    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. It's time to dust off those P&Ps! REDW's Internal Audit team is here to help you find the finish line. 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 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!

    Paving the Way for Growth: NMSCPA 2nd Annual Tribal Conference

    Play Episode Listen Later Apr 25, 2024 29:01


    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!

    Reducing Risks in Retirement Plan Management with Paul Madrid, CPA®, CFP®, AIFA®

    Play Episode Listen Later Apr 11, 2024 25:03


    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!

    A Leader's Journey in Tribal Finance with Hattie Mitchell, CPA, CFE, Prairie Band Potawatomi Nation

    Play Episode Listen Later Mar 28, 2024 23:06


    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 her background and 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!

    Rewards of an Accounting Career with Colaine Curtis (Diné), MBA

    Play Episode Listen Later Mar 14, 2024 29:10


    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!

    Safeguarding Data: Navigating Cybersecurity Funding

    Play Episode Play 60 sec Highlight Listen Later Feb 29, 2024 22:38


    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!

    How Tribes Can Benefit from the Inflation Reduction Act

    Play Episode Play 60 sec Highlight Listen Later Feb 15, 2024 22:18


    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!

    Election Year Economics: 2024 Financial Planning for Tribes

    Play Episode Listen Later Feb 1, 2024 28:44 Transcription Available


    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.

    Hard work, perseverance & stewardship with Karletta Jones (Dine'), CPA, CIA

    Play Episode Play 55 sec Highlight Listen Later Nov 30, 2023 35:07


    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!

    Becoming a CPA with Ryan Claw (Dine'), Tohono O'odham Nation

    Play Episode Listen Later Nov 16, 2023 25:20


    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!

    Implementing GASB 96: Q&A

    Play Episode Play 31 sec Highlight Listen Later Nov 2, 2023 28:15


    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!

    Opportunity knocks! Applying for the Tribal Cybersecurity Grant Program (TCGP)

    Play Episode Play 33 sec Highlight Listen Later Oct 19, 2023 18:58


    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!

    Tips & Tricks for HR Recruiters: Join REDW @ NNAHRA's 47th Annual Conference!

    Play Episode Play 31 sec Highlight Listen Later Sep 21, 2023 16:09


    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!

    Improving Your Cash Flow Management

    Play Episode Play 56 sec Highlight Listen Later Sep 7, 2023 32:27


    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!

    Making Working Capital Work Better

    Play Episode Play 36 sec Highlight Listen Later Aug 24, 2023 29:23 Transcription Available


    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!

    Gaming Cybersmart: New Cybersecurity Regulations in Nevada

    Play Episode Play 55 sec Highlight Listen Later Aug 10, 2023 22:16


    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!

    The Ever-Evolving World of Accounting Standards

    Play Episode Play 35 sec Highlight Listen Later Jul 27, 2023 33:31


    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!

    Why Most Mergers & Acquisitions Fail

    Play Episode Play 50 sec Highlight Listen Later Jul 13, 2023 30:23


    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!

    Building a Resilient Workforce with HR Consulting

    Play Episode Play 30 sec Highlight Listen Later Jun 29, 2023 23:35 Transcription Available


    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!

    Protecting Funding for Your Tribal Healthcare Organization

    Play Episode Play 59 sec Highlight Listen Later Jun 22, 2023 30:34


    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!

    Staying Competitive in Tribal Gaming

    Play Episode Listen Later Jun 15, 2023 32:08


    Harnessing the power of current business strategies is essential for leaders in the gaming industry. From navigating the post-pandemic landscape to IT security and surviving the rising cost environment, Tribal casinos in 2023 need to stay on top of their business game and plan for the future to stay in demand. This episode, host Wes Benally is discussing the essentials of staying competitive with REDW Director of Gaming Operations, Kevin Huddleston, and Client Accounting and Advisory Services Manager (CAAS) Kandi Link. Press play and get ready to take some notes!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!

    Midyear Inflation & Investment Check-In

    Play Episode Listen Later Jun 8, 2023 23:46 Transcription Available


    The impact of inflation on investment portfolios in the second half of 2023 can be mitigated with the right strategies. Join host Wes Benally and Paul Madrid, REDW Wealth Management Principal and Practice Leader, for a midyear check-in on investment considerations. In this episode, Madrid shares valuable insights on investment strategies, emphasizing the importance of diversification and taking a long-term perspective for investment decisions.Madrid also discusses the unique challenges and opportunities of investing for tribal communities, highlighting the importance of collaboration and long-term planning. Whether you're an individual investor in Indian Country or part of a tribal community, this episode offers valuable insights and advice for making informed decisions in today's complex market. Don't miss out on this opportunity to gain valuable insights from a leading wealth management expert. Tune in! © 2023 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!

    Collaborating for Better Cybersecurity

    Play Episode Listen Later Jun 1, 2023 34:29 Transcription Available


    Improving organization-wide cybersecurity posture is critical. Tribal leaders need to prioritize cybersecurity and take proactive measures to protect their organizations from cyberattacks. On this episode of Insight in Indian Country, Wes Benally is speaking with REDW IT & Cybersecurity Consulting Director Brian Grayek, CISSP, CMMC-RP, CCSK, ITIL, about the importance of cybersecurity for Tribal Nations and tribal-run organizations. Learn more about the necessary collaboration and communication needed across all departments and levels of an organization, and the need for ongoing assessments to stay ahead of evolving cyberthreats.This episode is a must-listen for leaders in Indian Country, especially those looking to improve or test the integrity of their cybersecurity practices. We hope you'll listen 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!

    Learning From the Rollercoaster 2022 Market

    Play Episode Listen Later Mar 23, 2023 32:15


    Last year was a real rollercoaster for many businesses and for the markets. If you are a tribal treasurer or finance director, we're sure you are happy 2022 is over. Now, it's time to take some notes on what we learned.  Global events such as the invasion of Ukraine, supply chain shortages due to lockdowns in China, and growing impacts of inflation have affected many investment portfolios.   This episode, REDW National Tribal Practice Leader Wes Benally is looking back on the 2022 market with Daniel Yu, Co Chief Investment Officer and Senior Investment Manager with REDW Wealth Management.  Daniel carries 18 years of investment experience. He leads the research team and is responsible for the overall investment process including investment analysis, research, portfolio management, and asset allocation.  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!

    Native American Entrepreneur Spotlight: Jason Coochwytewa

    Play Episode Listen Later Mar 16, 2023 34:47


    Here at REDW, we've always embraced an entrepreneurial spirit for the betterment of the clients we serve, and especially seasoned professionals like Jason Coochwytewa.Jason is the CEO of Urias Communications, a Phoenix-based advertising and public relations agency with a niche in multicultural markets. He is a respected professional with more than 26 years of expert knowledge in the marketing, communications, and event planning business. In this special episode, REDW Principal and National Tribal Practice Leader Wes Benally is talking with Jason about building a business from the ground up and targeting success as an entrepreneur.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!

    An Introduction to Indirect Costs

    Play Episode Listen Later Mar 9, 2023 33:00


    What are the differences between direct and indirect costs associated with federal grants and contracts? This episode, REDW National Tribal Practice Leader Wes Benally and Audit Senior Manager Mike Dierlam are providing answers to the top questions about indirect costs, like:What is an indirect cost rate?What is the negotiation process?What type of entities are eligible for the indirect cost?How long might it take to process indirect cost rates?How are indirect costs calculated?And more...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!

    Streamlining Your Digital Platforms

    Play Episode Listen Later Mar 2, 2023 23:30


    It seems every other day you get an email from a software provider, offering you all the platform bells and whistles that will change your organization for the better—but is another software platform what your enterprise really needs? This episode, REDW National Tribal Practice Leader Wes Benally discusses how to better target optimal data use in your operations with Lorin Saavedra, Director of Operations in REDW's Client Advisory and Accounting (CAAS) services group.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!

    Labor Shortage & Top Issues in Tribal Healthcare

    Play Episode Listen Later Feb 23, 2023 23:03


    Healthcare organizations are still seeing an unprecedented shortage of providers and frontline staff, forcing them to resort to hiring traveling staff and contractors—which come at a high cost. In addition to grappling with the labor shortage, leaders in Tribal healthcare must continue to navigate COVID-19 relief funding and sources, lease accounting, and growth and expansion. This episode, REDW National Tribal Practice Leader Wes Benally discusses key issues affecting Tribal healthcare with Principal Chris Tyhurst.Compensation Studies—your key to hiring and retaining top talent.It's important to attract—and retain—the best employees to ensure the long-term success and sustainability of your tribal organization. And given an exceptionally competitive labor market and the usual budget constraints, this means basing your employee compensation and benefits programs on relevant and reliable data.  Learn more about REDW's annual Tribal Compensation Study»Request or participate in our latest Tribal Compensation Study»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!

    Native American Entrepreneur Spotlight: Monica Jojola

    Play Episode Listen Later Dec 13, 2022 25:54


    Here at REDW, we've always embraced an entrepreneurial spirit for the betterment of the clients we serve, including mavericks like Monica Jojola who welcome the challenge of innovation. Monica Jojola is President of Montech, Inc, an 8(a) Woman-Owned Small Business headquartered in New Mexico (with offices in Arizona, California, Colorado, Missouri, and South Dakota), and specializing in professional and technical support services for federal, state, Tribal governments, and commercial customers. In this special episode, REDW Principal and National Tribal Practice Leader Wes Benally is talking with Monica about her journey as a successful Native American entrepreneur. Monica is a member of the Isleta Pueblo and has over 15 years of experience working in government contracting.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!

    M&A Trends for Tribal Organizations

    Play Episode Listen Later Dec 2, 2022 27:53


    Coming out of the health crisis, Tribal organizations with strong cash positions now have plenty of merger and acquisition opportunities in front of them. What considerations should you keep in mind? This episode, REDW Principal and National Tribal Practice Leader Wes Benally covers a variety of topics in the business valuation realm with valuation expert Brian Foltyn.Brian Foltyn (REDW Principal, Valuation and Related Financial Services) has over 25 years of experience in business valuation advisory services, strategic planning, dispute advisory, and mergers and acquisitions.  He will be discussing current trends in the M&A market and considerations for Tribal organizations coming out of the pandemic. 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!

    Native American Entrepreneur Spotlight: Tamarah Begay

    Play Episode Listen Later Nov 22, 2022 39:48


    The journey of an entrepreneur can be a scary one with many risks, but the rewards can be great if you stick with it.  In our entrepreneur mini series, we're listening to stories and targeting insights for Native American entrepreneurs. In this episode, REDW Principal and National Tribal Practice Leader Wes Benally is talking with Tamarah Begay, Founder of Indigenous Design Studio— a 100% Native American Woman-Owned architectural and planning firm located in Albuquerque, NM. Ms. Begay is a member of the Navajo Nation, the first Navajo woman registered architect, and has over 14 years of experience working with Native American tribes on connecting culture, language, and tradition through design. 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!

    Recruitment & Retention Strategies for Tribal Employers

    Play Episode Listen Later Nov 18, 2022 34:22


    Coming out of the pandemic, Tribal organizations are adjusting to hybrid/remote working models and searching for top talent. What is happening in the talent market today? And what actions best help employers attract and retain high performing team members?This episode, REDW Principal and National Tribal Practice Leader Wes Benally meets with human resources consulting pros to help Tribal organizations navigate what many call "The Great Resignation." (Though round here, we prefer to call it, "The Great Renegotiation...").  Wes is joined by Taryn Reynolds, Human Resource Generalist, and Laurel Roybal, Compensation Consultant, from REDW's Human Resource Consulting team.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!

    Words of Wisdom for Implementing GASB Statement 87

    Play Episode Listen Later Nov 11, 2022 23:45 Transcription Available


    We're sure you've heard about GASB 87 here and there—fiscal year 2022 is going to be a big year. Now is the time for Tribal governments and enterprises to inventory, implement, and record. In our quick summary of the new GASB, we'll get you up to speed on considerations for reviewing contracts and what leases may or may not be included. REDW LLC is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and their business affairs. We hope you'll listen in!For questions on GASB 87, contact REDW Audit & Assurance Principal Chris Bitakis at REDW.com/contactGet 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!

    Building a Culture of Cybersecurity Awareness

    Play Episode Play 29 sec Highlight Listen Later Nov 4, 2022 29:00


    As Tribal Nations accelerate their digital transformation, cybersecurity becomes ever more critical to address. This episode, we meet with REDW IT and Cybersecurity Consultant Jennifer Moreno to discuss the considerable risks that arise when cybersecurity best practices are neglected, and how to build a culture of security awareness.REDW LLC is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and their business affairs. We hope you'll listen in!For cybersecurity questions, please contact Jen Moreno at REDW.com/contactGet 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 Business Boards

    Play Episode Play 32 sec Highlight Listen Later Jul 12, 2021 16:01 Transcription Available


    It's a question we get a lot—why would a Tribe establish a Tribal business board? REDW Principal and National Tribal Practice Co-leader Corrine Wilson is here to discuss Tribal business boards with REDW Managing Principal Steve Cogan.Why would Tribes want to establish separate business boards or corporations for their businesses? In a topic discussed widely around Indian Country, there are also a lot of questions about how it works in the first place and what to expect out of such separate boards and corporate entities. Tune in as our trusted firm leaders are answering the important questions that they are most often asked. 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!

    An Introduction to GASB Statement 87

    Play Episode Play 44 sec Highlight Listen Later Jun 28, 2021 15:31


    Lease accounting is anything but simple. Are you in the loop on GASB statement 87? Press play for quick insights on lease categories, financial statements impacts, performance-based leases for casinos, and more.Get in the loop on this episode with Claire Hilleary, CPA, MBA, who specializes in Tribal healthcare and urban Indian healthcare centers, and REDW Audit & Consulting Principal Chris Bitakis, CPA, CGFM, CGMA, who serves exclusively on Tribal government engagements that include Tribal casinos and Tribal government corporations. REDW's trusted advisors are here to help your organization move forward. 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!

    Equity Securities in 2021

    Play Episode Play 31 sec Highlight Listen Later Jun 16, 2021 13:44


    So, what is an equity security? Stock markets in 2020 and 2021 have been interesting, to say the least. Back on the podcast to discuss the essentials and complexities of equity securities are REDW Wealth Senior Investment Manager Rob Elzholz, and Chief Investment Officer Daniel Yu.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 Security Risks Affecting Tribes & Their Financial Information

    Play Episode Listen Later Jun 1, 2021 19:17


    Cyber attacks are increasing around the world. In this episode, REDW Software and Cybersecurity advisors Mustafa Kamal, CPA, MBA, and Jennifer Moreno, CISA, identify IT security risks affecting Tribes and their financial information. If you need to review the basics of IT security, this one is for you!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!

    Business Transactions & Valuations with the Pandemic

    Play Episode Listen Later May 17, 2021 16:31


    Have you had questions about purchasing or selling a business during the COVID-19 pandemic? As impacts of the health crisis continue to ripple, REDW's Wesley R. Benally, CPA (Senior Manager, National Tribal Practice Co-Lead) and Brian Foltyn, CVA (Principal, and Valuation, Disputes & Transaction Advisory Services Practice Leader) provide insight on business valuation essentials, future expectations, and the important differences between price and value when buying or selling a business in the current economic climate.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!

    Bond Investments & 2021 Outlook

    Play Episode Listen Later May 3, 2021 12:55


    So, what is a bond, really? REDW Wealth Senior Investment Manager Rob Elzholz, CFP®, CRPC ®, AIF®, AAMS®, and Chief Investment Officer Daniel Yu, CFA®, AIF®, touch on the basics of bonds, maturity, interest rates and credit risk, and also share their outlook on fixed income, credit rates and inflation in 2021.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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