Accounting

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November 17, 2020 

Business Spending Report Shows Fraud, Waste and Misuse Increasing

From big-screen TVs to soundbars, employees often bend the rules on equipment purchases, payment and procurement methods as they work from home. Expenses submitted as office supplies and meals/restaurants accounted for more than 25% of spend violations.

 Last Chance to Get Coronavirus Stimulus Payments

November 17, 2020 

Last Chance to Get Coronavirus Stimulus Payments

Anyone who doesn’t normally file a tax return and hasn’t received their coronavirus stimulus payment has until 3 p.m. EST this Saturday, Nov. 21, to register with the IRS for an Economic Impact Payment. The only way remaining to get a payment in 2020 is to register using the Non-Filers: Enter Info Here tool on...…

 BKD Teams Up with CAFRONLINE to Develop BKD CAFR+

November 17, 2020 

BKD Teams Up with CAFRONLINE to Develop BKD CAFR+

BKD CPAs & Advisors will work with CAFRONLINE to expand solutions to help governmental entities streamline the overall process of preparing a Comprehensive Annual Financial Report (CAFR).

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November 17, 2020 

Grant Thornton Launches SOC.x

Grant Thornton LLP has launched SOC.x, a new platform to more efficiently produce reports covering System and Organization Controls (“SOC”), while also providing industry-leading, market-accepted quality.

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November 17, 2020 

40% of Minority-Owned Businesses Struggled to Pay November Rent

In a recent survey, 44 Rent By Province Or State When looking at rent issues geographically, 36 Retailers, Gym Owners & Entertainers Round Out Top 5 Other sectors facing major challenges with rent include Retail (38%), Gyms (38%), and Entertainment (36%), largely because of struggles attracting customers.  Many entertainers note that their businesses will not...…

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November 16, 2020 

Retailers Report Early Start to Holiday Shopping

Retailers’ top priority is the health and safety of their employees and customers, and these investments are paying off. A large majority (70 percent) of holiday shoppers say that, given the precautions retailers have taken for COVID-19, they...

 The Impact of COVID-19 Pandemic on Global Payables

November 13, 2020 

The Impact of COVID-19 Pandemic on Global Payables

Industries which grew at strong rates post-COVID-19 include transportation & storage, insurance, consumer services, and education. Transportation & storage, insurance and many consumer services are often considered essential services which may have ...