Start 2025 off with new resources from our digital, CMMC, SOX and not-for-profit teams.
One of the best things about working at Schneider Downs is the countless ways our firm helps clients of all sizes and industries solve unique business problems.
This also means we continually introduce new ideas, solutions and resources to support our clients. While many stay informed through the Our Thoughts On newsletter and firm LinkedIn page, we understand that the flow of information can sometimes feel overwhelming.
So, we’ve put together a consolidated update featuring the latest news and resources from the Schneider Downs team.
Schneider Downs is an Authorized CMMC C3PAO
Schneider Downs officially completed the CMMC Third-Party Assessor Organization (C3PAO) authorization process, which means our firm is one of the first 60 firms in the country qualified to assess and provide CMMC certification for organizations conducting business with the Department of Defense’s (DoD) program. For more information on our CMMC solutions, contact us at [email protected].
Enhanced Guidance for Not-for-Profit Organizations
Not-for-profit organizations navigate a complex landscape of tax, audit, compliance, and regulatory requirements. Our not-for-profit industry group frequently fields client questions on topics such as federal single audit triggers, accounting for donated space under ASC 842, and filing thresholds for Forms 990-N, 990-EZ, and 990. Over the past year, we’ve helped many organizations address these challenges. To share our insights, we recently published a not-for-profit FAQ covering a wide range of key topics and common questions, available here.
CFOs Continue Prioritizing Digital Investments in 2025
Over the past year, our SD Digital team has worked with organizations to enhance the value of their digital investments. While CFOs recognize the benefits—improved reporting, risk management, efficiency and decision-making—they often need support to translate these investments into measurable impact. Our Chief Digital Innovator, John Huckle, recently shared his thoughts on this, including key steps CFOs can take to start the new year off on the right digital path in his whitepaper, Top 5 Digital Priorities for CFOs in 2025.
Smaller Reporting Companies Continue to Search for SOX Guidance
Our SOX team continues to see an increase in smaller reporting companies searching for SOX guidance. SRCs are public companies with either a public float of less than $250 million or less than $100 million in annual revenues and either no public float or a public float of less than $700 million. Our recent article outlines some of the best ways SRCs can approach SOX compliance, including ways to maximize limited resources, the importance of external auditors and how to leverage technology for monitoring and testing internal controls.
Keep Up With Schneider Downs News and Resources
We believe that delivering relevant thought leadership and resources is essential to our mission: “Working together every day to make our firm, clients and communities better”. We invite you to explore, share our latest insights with your network and stay informed by subscribing to the Our Thoughts On newsletter.
