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SOC 2 & SOC 3 Reports

Back Up Your Claim to Data Security Whether you’re a technology or cloud service provider, or a collections company or contact center, trust is a crucial asset. You handle critical confidential data, from financial transactions to employee and hospital records. So your customers need to know their data is safe

Cybersecurity Maturity Model Certification (CMMC)

The number of cyber-attacks continues to skyrocket – government agencies, private businesses, and not-for-profits are all in the crosshairs of cybercriminals and nation-state threat actors.  The risk to government agencies is incredibly high since the nature and sensitivity of the data they manage go far beyond most data held by

SOC Readiness Assessment

Do Your Controls Measure Up? You need a SOC report, but you’re wondering if you’ll pass. Put your mind at ease with a SOC readiness assessment – we can help identify gaps in controls and provide advice on how to close them. We’ll review your existing documentation, determine the testing

Manufacturing Accounting – Dayton (OH)

Manufacturing companies in Dayton and across Ohio are working through a period of significant change. Not only have automation and 3D printing opened the door to new and exciting possibilities, but they have also created the need for more highly skilled workers, optimized supply chains, and even greater research and

Non-Profit Leadership Summit Focuses on the Power of Data

The annual non-profit Leadership Summit is always a highly anticipated event, and that was especially true in 2021. The summit, presented by Barnes Dennig, The Leadership Council for Non-Profits, and the Association of Fundraising professionals, hosted renowned speaker and author Sheri Chaney Jones as its keynote speaker. The founder and

How Do Reductions in Your Workforce Impact Your Company’s 401(k) Plan?

Many companies have had to make very difficult employment decisions during 2020. Those that were fortunate enough to receive a Paycheck Protection Program (PPP) loan may have been able to defer employment reductions in the short term. Unfortunately, for many businesses, the COVID-19 environment has lasted longer than the PPP

Non-Profit Finance 101 Q&A

We know that many not-for-profit leaders wear multiple hats. You’ve got the strategy, the mission, and the vision set. But to grow the organization, you need to know the ins and outs of running a business, too. That’s why Barnes Dennig and Impact 100 hosted this 1-hour session on tax,

Tax Issues | OSCPA and Others Push for Federal-Level Relief on BWC Dividends

Recently, businesses and trade associations led by the Ohio Society of CPAs (OSCPA) sent a letter to Ohio’s Congressional Delegation regarding the issues surrounding 2020 Ohio Bureau of Workers Compensation (BWC) Dividends, expressing concerns about their potential unintended impact on businesses. Requested Exclusion for PPP Loan and ERTC The letter

Business Valuation Services

What’s a business worth? In the eyes of its founder, a business may be priceless. But there are times that call for a more accurate number from an objective point of view. Not just when you’re buying or selling, but also when you’re setting shareholder value, gifting shares to family

Foreign Currency Reporting and Hedging

Foreign currency translation and hedging is one of the most challenging areas of accounting – whether you’re working with the Euro, the Pound Sterling, the Yen, or the Brazilian Real. You aren’t alone if you find the accounting rules governing foreign currencies hard to understand and difficult to apply. That’s

The Rising Threat of Data Breaches – and How to Prevent Them

Data breaches are a constantly increasing threat, and have already caused serious issues for companies, government agencies, and individuals when their data has been stolen.  These attacks have been occurring with increased regularity. In 2020 alone, there were reportedly 1001 data breach cases in the United States, with 155.8 million