Accounting

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October 12, 2020 

The Unspoken Tradeoffs of Virtual Cards

Those pushy emails about “e-payments” were probably enticing. Your vendor sent you an invoice—you forwarded it to your payment provider—and they said to the vendor, “Hey, want to get paid faster? Try e-payments! It’s the future!” Little did your vendor realize, “e-payments” is code for virtual cards and credit cards. They would have to pay...…

 Biller Genie Partners with USAePay

October 9, 2020 

Biller Genie Partners with USAePay

Through this partnership, USAePay merchants will be able to use Biller Genie to connect to their accounting software at a click of a button, which allows them to easily send invoices, collect payments and automatically reconcile to their ...

PPP Paycheck Protection Program

October 9, 2020 

New SBA Guidance on Ownership Changes of PPP Borrowers

The Small Business Administration (SBA) has issued new guidance relating to a change of ownership of a business entity that has received a tax-favored loan under the Paycheck Protection Program (PPP). Although the SBA procedural notice clarifies the rules, it doesn’t provide all the answers. Background: Under the Coronavirus Aid, Relief, and Economic Security (CARES)...…

 The IIA and AuditBoard Launch $500,000 Scholarship Program

October 9, 2020 

The IIA and AuditBoard Launch $500,000 Scholarship Program

This scholarship program reflects both AuditBoard’s goal of elevating the audit profession through technology and education and The IIA’s mission to advance the profession by providing educational and training opportunities based on a ...

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October 8, 2020 

AICPA Foundation Grants 25 Minority Doctoral Fellowships

The funding comes from the Minority Doctoral Fellowship program, which serves to bolster racial and ethnic diversity among accounting educators at colleges and universities. It provides $12,000 to each student, renewable for up to ...