Navigating Coverage, Claims and Complexities In the fast-paced world of professional services, where client trust and reputation are paramount, maintaining seamless operations is crucial. Business interruption insurance serves as a vital safety net, offering financial protection against unexpected disruptions, like natural disasters or cyberattacks. By covering lost income and operating expenses during such events, this insurance helps firms maintain stability and focus on recovery, ens...
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Navigating Coverage, Claims and Complexities In the fast-paced world of professional services, where client trust and reputation are paramount, maintaining seamless operations is crucial. Business interruption insurance serves as a vital safety net, offering financial protection against unexpected disruptions, like natural disasters or cyberattacks. By covering lost income and operating expenses during such events, this insurance helps firms maintain stability and focus on recovery, ens...
What Are Indirect Rate Overhead Audits and When Are They Required?
Cherry Bekaert: Professional Services
14 minutes
2 years ago
What Are Indirect Rate Overhead Audits and When Are They Required?
Architectural & Engineering (A&E) firms that propose or work on government contracts may be required to provide overhead rates prepared in accordance with the Federal Acquisition Regulation (FAR). Many government agencies require that A&E firms have their overhead rates audited. In this episode of Cherry Bekaert’s Professional Service Podcast, Brynn McNeil, an Audit Partner in the Firm’s Professional Services Industry practice, welcomes Mandy Grivnovics, an Audit Senior Manager in...
Cherry Bekaert: Professional Services
Navigating Coverage, Claims and Complexities In the fast-paced world of professional services, where client trust and reputation are paramount, maintaining seamless operations is crucial. Business interruption insurance serves as a vital safety net, offering financial protection against unexpected disruptions, like natural disasters or cyberattacks. By covering lost income and operating expenses during such events, this insurance helps firms maintain stability and focus on recovery, ens...