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The American Rescue Plan Act of 2021 reauthorized the Small Business Jobs Act of 2010, which established the second installment of the State Small Business Credit Initiative.
View MoreOver a decade ago, the FASB established the Private Company Council to address accounting concerns associated with private companies. The PCC works with the FASB in determining whether accounting alternatives or practical expedients for private companies are needed in the U.S. GAAP. The FASB has issued several Accounting Standards Updates as a result of its joint effort with the PCC.
View MoreESG stands for environmental, social and governance and is often used interchangeably with sustainability, corporate responsibility (CR), corporate social responsibility (CSR), and triple bottom line. Fundamentally, sustainable business practices consider the future effects of business policies and activities.
View MoreEmployee and candidate demands for a flexible schedule or remote working environment are pushing accounting firms outside of their comfort zone as they try to remain competitive.
View MoreCustomer and client convenience demands more online payment methods. Consequently, we thought it was essential to understand these five payment process improvements.
View MoreThe IRS recently issued guidance addressing improper forgiveness of a Paycheck Protection Program loan.
View MoreI remember my very first budget meeting of the year. For 18 years, we went through the same type of budget exercise in which the company would ask each department to submit detailed reports, and Accounting would roll the budget up to see “where we were.”
View MoreTraditionally, the classification of a worker as an employee versus an independent contractor has not been the focus of business management.
View MoreThe AICPA’s Professional Ethics Executive Committee and Auditing Standards Board recently issued new requirements regarding noncompliance with laws and regulations.
View MoreThe Securities and Exchange Commission recently adopted amendments to require certain documents filed by investment advisers, institutional investment managers and certain other entities to be filed or submitted electronically.
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