SEC places new focus on climate-related disclosures
The SEC’s Division of Corporation Finance will place greater focus on climate-related disclosures in public company filings after a directive issued by SEC Acting Chair Allison Herren Lee.
Management Accounting
New PPP changes attempt to ease smallest businesses' access
The White House said it will allow only businesses with fewer than 20 employees to apply for PPP loans during a two-week period starting Wednesday. The administration also will change the PPP loan calculation formula to help sole proprietors, independent contractors and self-employed individuals receive more financial support.
PPP processing delays continue
Anti-fraud screenings by the SBA are delaying the processing of Paycheck Protection Program loan applications, sometimes for weeks, AICPA executives said during an online Town Hall.
How to support working parents without losing efficiency
This article explores policies companies can put in place to support employees with children during this uniquely challenging time without sacrificing efficiency.
A closer at economic sentiment of US finance executives
The next quarterly AICPA Business and Industry Economic Outlook Survey is set to be published in March. The previous quarter’s survey provided a look at sentiment about 2021 from finance decision-makers.
From the filings: Supply chain lessons from the pandemic
Industrial giants 3M, Arrow Electronics, and Caterpillar explain how they navigated disruptions.
A road map for ESG disclosures and assurance
As interest grows in environmental, social and governance information, a new resource provides insights for auditors to assist their clients with ESG disclosures and assurance.
SBA announces PPP process changes
The US Small Business Administration said that it is updating the Paycheck Protection Program’s processes and application platform to speed up the flow of funds to small businesses.
How Stack Overflow raised millions while working remotely
This article discusses how one tech firm's team managed to raise $85 million in investor funding while working remotely during the pandemic.
5 steps for reliable ESG reporting amid growing demand
The demand for environmental, social, and governance reporting is increasing. CPAs have a critical role in meeting that demand, and companies can take action now to enable enhanced ESG reporting.
AICPA raises PPP concerns with SBA
The AICPA sent a letter urging the US Small Business Administration to address problems small businesses are encountering when trying to apply for Paycheck Protection Program forgivable loans.
SBA issues FAQs for Shuttered Venue Operators Grants
New guidance from the US Small Business Administration does not specify a starting date for the new Shuttered Venue Operators Grant program but does recommend actions potential applicants should be taking now while the SBA builds the application platform for the $15 billion COVID-19 relief initiative.
Acquiring the tax benefits of a corporation
Tax losses in M&As can risk controversy.
Modernizing SOX compliance
Management can get more out of its SOX assurance activities by incorporating automation and taking a fresh look at controls.
Trust and technology keep productivity up during pandemic
One company discusses how it found a way to magnify the strengths of remote work by employing a more informal check-in style and building on technology’s democratizing effects.
Give your staff great feedback — from a distance
This article discusses ways to make giving remote feedback easier and more effective.
3 tips for building remote-work policies that last
Working from home isn’t going away even after the pandemic finally abates, so employers need to ensure they have a strategy that can stand the test of time.
SBA announces steps to improve PPP review process
The SBA said that it is taking steps to improve the agency’s first-draw Paycheck Protection Program loan review process so that small businesses seeking a second-draw loan have as much time as possible to access those funds.
6 tips for CPAs on newest round of PPP funding
A new round of Paycheck Protection Program funding is available for businesses affected by the pandemic. Here’s what CPAs and business leaders need to know to get the funding they need.
Updated PPP loan forgiveness applications and rules unveiled
The SBA and Treasury released updated Paycheck Protection Program loan forgiveness guidance and forms, including a one-page application for borrowers that received a PPP loan of $150,000 or less.
