How The Office of the Future Will Look After Coronavirus
As the country and even the world shift their attention to the seeming long-lasting impact of the Coronavirus, updates appear to be coming out each day. Whether the impact is on a global, national, or individual industry level, this pandemic is already changing the way businesses are operating on a day-to-day basis. Specifically, changes to the workplace such as wider corridors and better air filtration are occurring.
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CARES Act Provider Relief Fund
CARES Act provider relief funding has occurred over the past two weeks through the U.S. Department of Health and Human Services. Providers who received funding need to complete the attestation within 30 days of receipt. For more information please click here.
Summary of AICPA Questions Submitted to OMB on COVID-19 Matters
The AICPA Governmental Audit Quality Center (GAQC) released new information regarding the future impact on single audits from the Novel Coronavirus (COVID-19) outbreak and the subsequent passage of the Coronavirus…
Small Business Funds from Virus Aid Package Are Dwindling
As the country and even the world shift their attention to the seeming long-lasting impact of the Coronavirus, updates appear to be coming out each day. Whether the impact is on a global, national or individual industry level, this pandemic is already changing the way businesses are operating on a day-to-day basis. As a small business owner, it is important, now more than ever, to be familiar with the ins and outs of your business, know what you qualify for, and how to best approach what the government is offering. On March 27th, President Trump enacted the CARES Act, a $2.2 trillion piece of legislation designed to lessen the economic impact of the coronavirus pandemic. Specifically, this article urges small business owners to ACT NOW in order to ensure funds to keep your payroll running. The funds are set to run out by Friday, so do not wait to take advantage of the PPP loan program.
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Financial Institutions Using CARES Act Deferrals Won’t Violate GAAP
In a new article from the Journal of Accountancy, author Ken Tysiac states, “Eligible financial institutions will not be in violation of GAAP if they take advantage of the deferrals or suspensions of two FASB standards as permitted in the new federal coronavirus relief law, SEC Chief Accountant Sagar Teotia said Friday in a statement issued by the commission.”
Coronavirus is Rewriting the Future of Business
As the country and even the world shift their attention to the seeming long-lasting impact of the Coronavirus, updates appear to be coming out each day. Whether the impact is on a global, national or individual industry level, this pandemic is already changing the way businesses are operating on a day-to-day basis. Specifically, topics such as strategic remote work, the rise of trust-based cultures, and operation practices being elevated are all discusses in this article.
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