Accounting

CFOs steering companies through coronavirus crisis, IMA finds

Chief financial officers are playing a key role in helping their companies cope with the fallout from the coronavirus pandemic and the economic devastation it’s causing, according to officials from the Institute of Management Accountants. Original Article Posted at : https://www.accountingtoday.com/news/cfos-steering-companies-through-coronavirus-crisis-ima-finds

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A guide to coronavirus business survival resources and relief

Accounting and tax professionals are especially in the throes of the evolving situation as federal and state governments discuss how they will provide relief to struggling families and American businesses. Original Article Posted at : https://www.accountingtoday.com/opinion/coronavirus-business-survival-resources-and-relief

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Tycoon behind Luckin loses $1B after accounting scandal

The accounting scandal at Starbucks Corp.’s biggest competitor in China triggered a rout in shares linked to the company’s chairman, wiping out most of his wealth and knocking the tycoon out of the ranks of China’s billionaires. Original Article Posted at : https://www.accountingtoday.com/articles/tycoon-behind-luckin-loses-1b-after-accounting-scandal

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Coronavirus rescue plan for U.S. small business kicks off beset by concerns

The Trump administration’s $349 billion small-business rescue kicked off Friday surrounded by concerns about its ability to handle an expected flood of applications and deliver enough aid to mom-and-pop firms hit hardest by the coronavirus pandemic. Original Article Posted at : https://www.accountingtoday.com/articles/coronavirus-rescue-plan-for-u-s-small-business-kicks-off-beset-by-concerns

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Some coronavirus stimulus checks may not arrive until September

Some people counting on $1,200 stimulus checks from the government may not see the money until mid-September, according to a House Ways and Means Committee analysis. Original Article Posted at : https://www.accountingtoday.com/articles/some-coronavirus-stimulus-checks-may-not-arrive-until-september

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Leading a 100-percent remote workforce

For years now, my CPA firm has had the ability to work remotely. Never, though, did I consider a scenario where everyone would be working from home for weeks on end. Original Article Posted at : https://www.accountingtoday.com/opinion/leading-a-100-percent-remote-workforce

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Tax Fraud Blotter: Civic misbehavior

Over the Topps; a thirst for fraud; the sky is limited; and other highlights of recent tax cases. Original Article Posted at : https://www.accountingtoday.com/news/tax-fraud-blotter-civic-misbehavior

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