President Joe Biden signed bills that give the government more time to catch and prosecute fraud related to two of the most popular COVID-19 small business relief programs.
The rise of remote work is an opportunity to evaluate where work gets done.
Companies that received financial assistance during the pandemic have questions about which standards to apply related to accounting for the ERC.
A CPA leader discusses his love of space leading to a job at Virgin Galactic, how finance purpose statements can be “a guiding light,” and advice for aspiring accountants in this podcast episode with transcript.
Switching from remote to hybrid working brings with it challenges accounting firms have not had to deal with before. Here is how five firms are tackling these challenges.
A CPA firm leader shares advice on collaboration and learning to be vulnerable and explains why accountants seeking board service shouldn’t focus on the role of treasurer.
A new survey by BKD CPAs & Advisors finds that most US not-for-profits are adding new services to meet increased demand despite facing shortfalls in funding and staffing.
Learn how the abrupt shift to remote work affected not-for-profit audits and how they’re coping now, plus the latest news, in this podcast episode with transcript.
A review by the Treasury Inspector General for Tax Administration assessed the IRS’s 2021 performance, customer service issues and administration of tax law changes.
Small businesses and not-for-profits that received funding through the COVID-19 Economic Injury Disaster Loan program won’t have to begin payments on the loan until 30 months after the loan was made, the US SBA announced.
Recruiting and retention are difficult in an environment where employees have lots of options. Not-for-profits can emphasize their mission and use many other strategies to stay fully staffed.
New tools offered by the AICPA Governmental Audit Quality Center discuss coronavirus relief fund audit requirements for for-profit health care entities as well as single audit tips for auditors and organizations subject to single audit requirements.
The hybrid working environment has improved productivity but requires leaders to focus more on building organizational culture and collaboration, according to Steven Harris, CPA, CGMA.
Firms can build on the relationships with clients that were bolstered during the pandemic.
The challenges of the pandemic may be an opportunity to add new career skills and habits.
A report by the Office of the Inspector General found that the US Small Business Administration did not meet the 90-day statutory requirement to remit Paycheck Protection Program forgiveness payments to lenders for loans totaling $66.4 billion.
Firms can turn the connections built doing work related to COVID-19 programs into long-term business opportunities.
A recent notice from the US SBA outlines a new process for PPP borrowers to appeal partial loan forgiveness decisions made by their lender.
Payments are excluded from gross income; a safe harbor is provided for itemized deductions.
Despite pandemic-related concerns about the ability of auditors to work effectively, 98% of audit committee members said in a new survey that audit quality either increased or stayed the same over the past year.