ADP Jobs Report April 2020

May 7, 2020 

20 Million Jobs Lost Between Mid-March and Mid-April

Private payrolls slumped by 20.2 million from a month earlier, according to ADP Research Institute data released Wednesday. Employment in March was revised down to a 149,000 decrease from a previously reported 27,000 drop.

PPP Paycheck Protection Program

May 5, 2020 

Most PPP Applicants Still Face Uncertainty on Loans

As the second round of funding for the Paycheck Protection Program (PPP) became available on April 27, 62 percent of PPP loan applicants were still waiting for funding or approval, according to new research from Paychex, Inc.

small-business 1_10937161

May 5, 2020 

5 Strategies to Help Small Businesses Survive a Recession

Some say a recession is coming, while others say that it’s already here. In either case, you must develop a strategy to recession-proof your business, and you should do this now. As the economy takes a deeper dive, it will be much harder for you to ...

audit

May 3, 2020 

IAASB Proposes Modernization of Group Audits Standard

Proposed ISA 600 (Revised) deals with special considerations for audits of group financial statements (group audits). Group audits are often more complex and challenging than single-entity audits because a group may have many entities or ...

PPP Paycheck Protection Program

May 1, 2020 

Guidance Needed on PPP Loan Forgiveness Calculation, Says AICPA

The nation’s 44,000 CPA firms have quickly mobilized to get PPP funds into the hands of small businesses, however they and their clients say that the lack of guidance makes it difficult for them to make critical decisions on important matters, such as ...