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SOC: lessons learned from a year of remote engagements
Turning toward recovery and growth
The impact of the COVID-19 pandemic has been far-reaching. Many organizations are focusing on the strategic restart and ramp up of their operations. While there is still great uncertainty about what a coronavirus recovery phase will look like, it is essential for your organization to understand the scenarios you may face and plan your path back to growth.
Baker Tilly’s Value Architects™ are prepared to work with your organization now to chart a way forward that will enhance and maximize your value, minimize further disruption and keep your workforce safe.
Preparing for PPP: CPA Business Funding Portal
In association with the American Institute of Certified Public Accountants (AICPA), CPA.com and Biz2Credit, Baker Tilly launched a new tool to help businesses navigate the next round of the Paycheck Protection Program (PPP).
Paycheck Protection Program (PPP) Solutions
Baker Tilly has a comprehensive set of solutions that are readily available to assist qualifying businesses that have received, or will receive, loan proceeds that may be eligible for forgiveness under the PPP. These tools have been developed pursuant to the guidelines established by the CARES Act, the Interim Final Rule issued by the Small Business Administration (SBA), and the subsequently issued Frequently Asked Questions.
No matter where you are at in the process, our specialists can help you through the three phases:
- Applying for a PPP loan
- Monitoring utilization of loan proceeds
- Complying with forgiveness submission requirements
Federal, state and local financial assistance programs
Access Baker Tilly’s up-to-date guide for an overview of COVID-19 stimulus package financial assistance programs and to help you identify which federal, state and local programs your business qualifies for.
Financial resilience solutions
COVID-19 is an unfolding and evolving event bringing uncertainty to every organization. Baker Tilly is ready to help you prioritize necessary actions and navigate your organization through these unprecedented and difficult times. We have developed specific insights and solutions to assist you in responding to volatility and building financial resilience
Financial resilience solutions:
- Supply chain disruption and spend analysis
- Strategic scenario development
- Organizational redesign and alternative value delivery analysis
- Navigating federal, state and local assistance
- Communications and crisis management
- Tax considerations
- Business continuity planning
- Fair market opinions and valuations – including goodwill impairment evaluations and valuations for estate planning and gift purposes
- Outsourced financial services
- Re-negotiate and restructure of loan payments and covenants, investor agreements, purchase agreements and others impacted directly by financial performance
- Relief Funding Assistance
Industry resources
Baker Tilly specialists understand your industry and how an unplanned event such as the COVID-19 outbreak can affect your organization, employees, customers and suppliers.