SOC Audit Preparation Steps
Over the past few years more and more companies are becoming familiar with the new Service Organization Control audits. This audit (sometimes referred to by its AICPA standard “SSAE 16” which replaces the dated SAS 70 standard) is a more detailed analysis of a company’s internal controls and processes, depending
Will your SOC Report be Affected by the SSAE 16 to SSAE 18 Changes?
If you are currently receiving a SOC report you may wonder if the change to SSAE 18 will affect your report. In most cases, the changes to the report will be very small, and most service organizations should not expect much of a change. The biggest change from SSAE 16
Dramatic Change in DOL Overtime Rules Finalized
Over the past several months, the U.S. Department of Labor has been developing new rules that would raise the salary threshold for whether an employee is exempt from overtime pay. On May 18th, the final regulations were released, and they present a dramatic change from the current rules. Millions more
How do I know if I need a SOC report?
Does your organization provide services that are critical to another organization’s success? Does your organization process or store information for other organizations? If you can answer “yes” to either of these questions, it is more than likely that you need a Service Organization Control report, or SOC for short!
Clean PCAOB Report Reflects High Quality for Barnes Dennig
Barnes Dennig recently received a “clean” inspection report from the Public Company Accounting Oversight Board (PCAOB). This means the inspection of the firm’s SEC audit practice did not identify any audit performance issues or quality control defects (“clean report”). Barnes Dennig is the only firm headquartered in the area that
Gauthier & Kimmerling and Barnes Dennig to join forces
Gauthier & Kimmerling of Indianapolis and Barnes Dennig, headquartered in Cincinnati, are joining together effective January 1, 2016. The combination will help Gauthier & Kimmerling to provide broader resources to their clients and expand Barnes Dennig’s footprint in the tri-state region. The combined firm will operate under the name Barnes