Accounting

Small Business Coronavirus 2

August 23, 2020 

July Saw Increase in Retail Sales as Shaky Recovery Starts

The U.S. Census Bureau said that overall retail sales during July were up 1.2 percent seasonally adjusted from June and up 2.7 percent year-over-year. That follows an 8.4 percent month-over-month increase in June. Retail sales have been climbing after...

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August 20, 2020 

NetSuite Adds More Remote-Friendly Accounting Features

Manual processes are the bane of accounting departments everywhere. They are time-intensive, repetitive and a common source of errors. While accounting software automates many of these processes, routine activities such as ...

 Investor Groups Opposed to Labor Department’s ESG Proposal

August 20, 2020 

Investor Groups Opposed to Labor Department’s ESG Proposal

Several investor organizations and financial industry firms today released an analysis of the more than 8,700 public comments on the Department of Labor’s (DOL) proposed rulemaking on the consideration of environmental, social and governance (ESG) ...

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August 19, 2020 

Hotels Facing Historic Wave of Foreclosures Due to COVID-19

The report shows that $20.6 billion in hotel CMBS loans were 30 or more days delinquent as of July, compared to $1.15 billion as of December 2019. The highest volume of delinquent hotel loans during the Great Financial Crisis was $13.5 billion.

audit

August 19, 2020 

How COVID-19 Unexpectedly Advanced the Future of Auditing

All the lessons we’ve learned from the pandemic so far have played a role in disrupting the status quo and the same holds true for the auditing profession. As those in the profession are all too aware, we have audited the same way for decades.

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August 19, 2020 

Why the Supplier Experience is Important in Payment Automation

Even though a company’s first responsibility is to its bottom line, it cannot afford to forget that suppliers are ultimately responsible for their ability to deliver revenue. It’s especially important right now that companies take care of their ...