Accounting

May 13, 2020 

The economic fallout resulting from the coronavirus will test the ability of companies to adapt to a business climate that is changing daily. Companies that are agile enough to adapt to new working paradigms, new ways of servicing clients and new technolo

Lil Roberts

May 12, 2020 

AICPA News is a roundup of recent announcements and activities by the American Institute of Certified Public Accountants.

Isaac M. O'Bannon

May 12, 2020 

Accountancy practices which have already gone digital are already experiencing more streamlined and speedier workflows.

May 12, 2020 

In the US, from March 10, 2020, until April 15, 2020, hackers carried out 32,299,662 remote desktop brute-force attacks. On average, throughout this period, there were 872,964 attacks daily.

May 12, 2020 

During the roundtable, business owners shared their experiences trying to obtain PPP loans to help them keep employees on payroll, and expressed frustration with how the administration’s implementation of the program has made loans difficult to ...

May 12, 2020 

54% of small business owners polled said their communities were already starting to work together on reopening the local economy and planning the recovery.

May 12, 2020 

Poor financial management is a leading reason why businesses fail. The Checklist covers key financial management and strategic management tasks, helping businesses to proactively identify and consider essential and timely information.

May 12, 2020 

Effective communication is one of most important success factors in a time of crisis. Yes, communication in our current environment is challenging, given the fact that almost everyone is now working from home and it’s no longer possible for people to ...

May 12, 2020 

Policymakers need to remain focused on the PPP’s original purpose -- to ensure businesses have the financial resources necessary to keep employees paid while government-mandated stay-at-home orders remain in place.

May 12, 2020 

Survey participants cited a need for lawmakers to pivot to a business-focused strategy to begin the recovery process. Respondents said 39 percent of their business clients will recover to pre-crisis levels in six to 12 months once the stay-at-home restric

May 12, 2020 

Survey respondents agreed cyberattacks are becoming more targeted (77%), severe (64%) and sophisticated (63%). Yet, they don’t have the resources and strategy in place to protect themselves.

May 11, 2020 

Accounting firms are donating supplies, funds and services during COVID-19, according to a recent survey conducted by the Massachusetts Society of CPAs (MSCPA). Fifty-one of the MSCPA’s member firms and companies responded to the survey, which was ...