ERISA compliance matters: Bonding requirements and compliance testing

Part of our series to help employee benefit plan fiduciaries better understand their responsibilities and manage the risks of non-compliance with the Employee Retirement Income Security Act (ERISA), this latest article looks at bonding requirements and the tests our auditors look at to ensure compliance.

Read more

CARES Act: Eligibility for employee retention credits

Are you familiar with the IRS’ recent additional, taxpayer-friendly guidance that provides some clarity in claiming the ERC? When the American Rescue Plan Act (ARPA) signed into law on March 11, 2021, the ERC was modified to apply to wages paid through December 31, 2021. The recently passed infrastructure bill eliminates the ERC the quarter ending December 31, 2021. We have the details.

Read more

ASU 2017-12 provides added flexibility to hedge accounting

Interest rate swaps, a form of derivative, are a tool financial institutions can use to manage interest rate risk. In our review of ASU 2017-12, we discuss different approaches to swaps, types of hedge accounting, and how the new guidance may impact and/or provide additional opportunity for financial institutions.

Read more

Resources from our commercial industry educational event

Access presentations and recordings from our fall event. Topics included accounting and audit updates, tax takeaways for this year and next, organizational change management, and seven senses of employee engagement.

Read more

BerryDunn audience survey: Help us serve you better!

As we strive to deliver valuable information and engagement opportunities, our goal is to ensure our communications and events are as effective and helpful to you as possible. Can you spare a few minutes to help us create a better experience for you moving forward? When you complete our five-minute survey you can enter to win a Bose Bluetooth speaker!

Take the survey


BerryDunn named a top firm for equity leadership

BerryDunn was named to the MOVE Project’s 2021 Best CPA Firms for Equity Leadership list.

The list is based on the Accounting and Financial Women’s Alliance’s MOVE Project survey results. It recognizes firms that have filled at least 30% of their partner and principal positions with women.

At BerryDunn, 60% of the Board and 42% of the firm’s partners and principals are women, including CEO Sarah Belliveau. 

Read more


Principals Tammy Michaud and Leah Shanahan honored

Tammy Michaud, Principal and the leader of BerryDunn's Not-for-Profit Practice Group, was named to the New Hampshire Business Review's Top 200, recognizing the state’s most influential business leaders. 

Leah Shanahan, a Principal and founding member of our Outsourced Accounting Group, was recently recognized by the Massachusetts Society of CPAs as a Rising Star. 

Read more


You received this email because you are subscribed to Business Advisories from BerryDunn. If you no longer wish to receive any emails from BerryDunn, please use our unsubscribe link. Alternatively, you can choose which emails you receive from BerryDunn by updating your email preferences. Thank you.

BerryDunn Headquarters: 2211 Congress Street | Portland | ME 04102 | USA 

Copyright © 2021 Berry, Dunn, McNeil & Parker, LLC All Rights Reserved.