Accounting

April 23, 2020 

As the country works to navigate changes in federal and state tax filing and payment deadlines as a result of the global coronavirus pandemic, the American Institute of CPAs (AICPA) is providing recommendations for administrative, filing and payment ...

April 23, 2020 

Business travel and entertainment have come to a standstill. Many companies have switched almost entirely to working from home to enforce social distancing or comply with mandatory shelter-in-place mandates.

April 23, 2020 

The AICPA, after discussions with its coalition partners, and key banking leaders and stakeholders, is working to drive a common understanding and approach around the firm – lender relationship related to the implementation of the PPP.

April 23, 2020 

The new cash application engine includes many new features that enable accounting, finance and operations teams to automatically identify, import and match unapplied payments with invoices, balances and customers.

April 22, 2020 

Covid-19 hit the labor market like a sledgehammer in March and April, driving mass layoffs in the U.S. to their highest point since World War II. 22 million Americans have lost their jobs during the outbreak, and 14% of the country’s workforce isn’t ...

April 22, 2020 

In addition, 68% of survey respondents reported applying for a Paycheck Protection Program loan before funding for the $350 billion program to help small businesses weather the COVID-19 crisis ran dry last week.

April 22, 2020 

In an effort to help small businesses get back on track post-COVID-19, Bookkeeper360 has teamed up with Grade My Business to provide a free Business Bootcamp.

April 22, 2020 

Indiana-based analytic.li is now providing strategic workforce analytics cloud-based solutions to clients and independent members of the BDO Alliance USA, as part of its Vendor Marketing Program.

April 22, 2020 

If you’re new to the term “cash position,” here’s an overview: cash position refers to an organization’s funds after accounting for liabilities and expenses. Essentially, it’s money that can be invested toward additional business opportunities or used to subsidize unexpected losses. And during a crisis—like the one going on today—knowing your cash position is essential...…

April 22, 2020 

AccuFund, Inc., provider of financial reporting and accounting software for nonprofit, municipal and government organizations, has announced a reseller partnership agreement with EFPR Solutions, LLC in Rochester, NY, a professional services firm ...

April 21, 2020 

The Senate passed $484 billion in new pandemic relief funds Tuesday to bolster a tapped-out small business aid program, pay for coronavirus testing and help hospitals deluged by sick patients.

April 20, 2020 

The effective dates of the SASs were for audits of private company financial statements for periods ending on or after December 15, 2020. The deferral means that effective dates now apply for periods ending on or after December 15, 2021.