Many private companies and not-for-profits are adopting new lease accounting standards, and public companies that have adopted the guidance are applying it amid a pandemic-fueled surge in lease renegotiations.
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Restaurant Revitalization Fund faces huge funding shortfall
Restaurants and other hard-hit providers of on-site food and beverage have flooded the Restaurant Revitalization Fund (RRF) with $65 billion in grant requests, more than double the amount of money allocated to the program.
SBA sending first $2 billion in Restaurant Revitalization Fund payments
A week after opening the Restaurant Revitalization Fund, the US Small Business Administration is sending out a first round of payments totaling $2 billion to more than 16,000 restaurants and other eligible food and beverage providers.
Excel depreciation advice; risk management lessons learned
Hear more on calculation of depreciation in Excel from a Technology Q&A author, and hear from a risk management expert on what organizations have learned in the past year.
SBA unveils initial Restaurant Revitalization Fund results
The Restaurant Revitalization Fund received more than 186,000 applications from restaurants and other eligible businesses the first two days after its application window opened May 3.
AI presents opportunities for cost optimization in manufacturing
Artificial intelligence and machine learning can drive more efficient operations and more effective growth for manufacturers. Here’s how the technology is being used to monitor for defects, schedule preventive maintenance and improve forecasting accuracy.
SBA stops accepting new PPP applications from most lenders as general funds run out
The SBA has informed lenders that it is no longer accepting new applications from most lenders for the Paycheck Protection Program because the $292 billion program’s general fund is nearly exhausted.
What auditors and audit committees need to know about SPACs
Interest in special-purpose acquisition companies is growing among investors and regulators. The Center for Audit Quality has considerations for auditors and audit committees to keep in mind regarding SPACs.
Government financial planning in a time of uncertainty
Flexibility and the right KPIs can help organizations navigate challenging times.
Tom Hood on leadership and adapting to a role stretch
The Association’s Tom Hood is one of the featured speakers at next week’s CFO Conference. He shares previews on his sessions, leadership lessons, and more in this quick interview.
Leading and managing amid disruptive demographics
Paying attention to demographic trends can help organizational leaders make wise, forward-looking decisions. Those who ignore these statistics risk being left behind.
Registration opens for Restaurant Revitalization Fund
Registration for the Restaurant Revitalization Fund (RRF) will begin at 9 a.m. ET on Friday, April 30, and the SBA will begin accepting applications on Monday, May 3, at noon ET.
Shuttered Venue Operators Grant portal begins accepting applications
The Shuttered Venue Operators Grant (SVOG) program officially opened Monday, with venue operators reporting successful uploads of applications for funding from the $16.25 billion program.
Restaurant Revitalization Fund details come into focus
The Restaurant Revitalization Fund aid program’s application portal will be tested in a seven-day pilot ahead of the application’s launch. The SBA revealed key details for the program, including funding calculations.
SBA aims to reopen Shuttered Venue Operators Grant portal this week
The SBA has targeted the end of this week for reopening the application portal for the $16.25 billion Shuttered Venue Operators Grant (SVOG) program. Technical problems forced the SBA to close the portal for repairs only hours after it opened on April 8.
How hiring practices have shifted as a result of the pandemic
Companies should consider benefits and challenges of hiring workers outside their geographic area.
Shuttered Venue Operators Grant program closes for repairs on its opening day
The SBA opened its new application portal for the $16.25 billion Shuttered Venue Operators Grant (SVOG) program, but shut it down for repairs due to “technical difficulties” that prevented the platform from accepting applications.
Biden signs PPP deadline extension into law
The Paycheck Protection Program (PPP) application deadline formally changed from March 31 to May 31 when President Joe Biden signed the extension into law.
PPP quiz: 5 frequently asked questions
Businesses and the CPAs who serve them have many questions about the administration and implementation of the Paycheck Protection Program. See if you can answer some of the questions most often asked of the AICPA’s PPP experts.
Number of US companies planning space reduction grows slightly
Questions asked as part of a quarterly economic sentiment survey show that more companies expect to cut back on office space in the coming year.
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