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BerryDunn Insights June 2018

On May 25, 2018, a European Union (EU) law called the General Data Protection Regulation (GDPR) went into effect. This law affects private and public organizations that collect, process, manage, and store the personal information of EU citizens. Therefore, the GDPR may affect higher education institutions in the United States.  


In the 5-4 decision of South Dakota v. Wayfair, released on June 21, 2018, the Court found in favor of the State of South Dakota, overturning its 1992 decision in Quill Corp. v. North Dakota. Quill required a physical presence in order for a state to impose its sale tax regime on internet sellers and retailers. What are the impacts and implications?

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While the dust settles on tax reform at the federal level, the whirlwind at the state level is just beginning, with many unanswered questions. We’ve pulled together a look at key changes in place or under consideration in a number of states.

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We know, both from our experience as external auditors (all of us) and years of experience working in private sector firms (many of us), that changing audit firms can be a painful process. Note: BerryDunn clients, feel free to stop reading here. All kidding aside, here’s a recipe for making an auditor change that meets your needs and advances your organization. 

We’re committed to bringing value to our clients by staying ahead of industry trends. Come hear what's new in your industry and join us at one of our upcoming events.
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Portland  ME  04101  USA
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