The Bonadio Group’s Post

The food and beverage industry is one of the largest and most crucial sectors of the global economy. However, it faces numerous risks that, if not identified and managed effectively, can potentially impact the operations, profitability, and reputation of companies in this sector. To stay competitive and protect their businesses, management must identify and mitigate these risks through effective strategies and proactive measures. In this article, our Partner, Tammy Gamble, shares 10 of the common risks in the food and beverage industry: https://ow.ly/XX3050TCgpT

If you’re looking to sell your business, you may be under the impression that a financial statement audit will suffice to validate your company’s financial information. However, a quality of earnings report (QoE), is much more relevant for satisfying financial due diligence. 🧾 A QoE report can help inform you of your company’s overall enterprise value pre-M&A transaction, while an audited financial statement cannot. In this article, our Partner, David Dinolfo, CPA, further compares QoEs and financial statement audits to help you best prepare for a middle-market M&A transaction. Check it out: https://ow.ly/kFKR50TCeH0 #QualityofEarnings #QoE #FinancialStatementAudit #MiddleMarket #MandA #Merger #Acquisition

In the aftermath of the disruptive cyberattack on Change Healthcare earlier this year, it has become clear that supply chain vulnerabilities are a major issue in the healthcare industry. Addressing and combatting similar cyber threats will require an industry-wide effort to conduct effective vendor risk management and develop thorough incident response plans. This article from Healthcare Dive highlights the complexities of cybersecurity and risk mitigation in the healthcare sector and how providers can come together to tackle this issue: https://ow.ly/vwYk50TCef8 #Healthcare #ChangeHealthcare #Cybersecurity #VendorRiskManagement

Today is Manufacturing Day (MFG Day)! ⚙️🧱 Each year, MFG Day celebrates the future of modern manufacturing careers and the incredible impact manufacturers make in our communities. We’re proud to serve manufacturing organizations and help them thrive in today’s dynamic business environment. From operational accounting and tax services to risk mitigation and cybersecurity consulting, we are committed to the success of our manufacturing clients. Learn more about how our Manufacturing & Distribution (M&D) team services this critical industry: https://ow.ly/TQFp50TCcTM #MFGDay24 #Manufacturing #Distribution

As part of our ongoing commitment to work-life balance and creating an inclusive environment, we offer a Flexible Observance Day Policy! In addition to our Unlimited PTO Policy, flexible observance days empower our People to spend time celebrating holidays or occasions of their choice throughout the year. Our own Susan Fumerelle takes her flexible observance days on Good Friday and Easter Monday, while Joshua Keal spends extra time celebrating his wife on the Monday following Mother’s Day🌷 Check out our blog to learn more about this policy and how it supports our Peoples’ individualism and cultural diversity: https://ow.ly/CFb950TwfEt #FlexibleObservanceDays #Inclusivity #Diversity #WorkLifeBalance #FlexibleWorkModel #PTO