In their latest issue, IR-2020-89, the Internal Revenue Service is reminding businesses of the three new credits that are available to many businesses hit by COVID-19. To recap, these are:

Does it feel like a loss of control?   A loss of knowing whether your staff is working or goofing off? 

Ask yourself:  Does it matter what time the work gets done, or that it gets done well?

The economic fallout from the COVID-19 crisis has emphasized the current and future need for timely and high-quality financial reporting by all companies.  On April 8, 2020, the SEC Chairman and the SEC Division of Corporation Finance Di

This blog post delves further into the types of accounting changes addressed in Accounting Standards Codification (ASC 250), Accounting Changes and Error Corrections, specifically addressing the steps in the process of correcting

The Wall Street Journal reported that CFOs of public companies are retiring at the fastest pace in over a decade.

This is a difficult time for some – and merely a different time for others.  What makes the difference?  Mostly attitude.  You can decide to be uncomfortable or you can use this as an opportunity to catch up on things you don’t ordinarily find time to do.

As companies are scrambling to develop and implement alternative working arrangements for many employees, it is easy to see how maintaining high levels of security over company data could get lost in the shuffle.

The federal and state governments are focusing on providing either tax relief, lost wages relief or updates when employers are affected by the Corona Virus. This may include delaying reporting or allowing for penalty relief.

Reliable, comparable financial statements are a key component of high-quality financial reporting.  For financial statements to be considered reliable and comparable they must be free of material misstatements.  Accounting changes in prev

Auditors have varying responsibilities when it comes to client-prepared reports.  The auditor’s role in auditing the financial statements is clear but there are other reports that may require t