The Latest

FASB, GASB and FAF logos on the wall at headquarters in Norwalk, Connecticut
Shana Clor-Proell
May 18, 2020 4:04 PM

Members of the American Accounting Association's Financial Reporting Policy Committee denounce provisions in the CARES Act they see as threatening FASB’s independence and setting a dangerous precedent with serious potential to undermine confidence in corporate financial reporting.

3 Min Read
Saul Van Beurden, head of technology, Wells Fargo
Penny Crosman
May 18, 2020 3:45 PM

Saul Van Beurden's team is tasked with keeping systems running during the pandemic, including driving equipment to homebound workers. Yet the bank must continue making upgrades demanded by regulators, investing in new technology and recruiting top talent, he says.

8 Min Read
Institute of Management Accountants headquarters in Montvale, N.J.
Michael Cohn
May 18, 2020 3:01 PM

Management accountants and CFOs can play an important role in guiding companies through the strategic options available to cope with the COVID-19 pandemic.

5 Min Read
Michael Moeser
May 18, 2020 1:53 PM

As the coronavirus crisis fuels even stronger demands for early earned wage access, Ceridian seeks to rise above the competition with its own on-demand digital wallet and prepaid Mastercard.

4 Min Read
AT-042420- Coronavirus Services offered GRAPH
Edward Mendlowitz
May 18, 2020 12:15 PM

Many will reconfigure what they do to the new reality and will make some investments in updating and formalizing some of their Band-Aid processes.

3 Min Read
Miller - GT fraud podcast screen May 2020
Daniel Hood
May 18, 2020 10:57 AM

Grant Thornton CEO Brad Preber and principal Linda Miller, who leads the firm's fraud and financial crimes practice, offer strategies to help businesses protect themselves from fraud amid the pandemic environment.

1 Min Read
A customer shops for paper towels at a supermarket in Trenton, New Jersey, U.S., on Monday, March 16, 2020. All New Jersey schools must close starting March 18 for at least two weeks as state officials try to slow the spread of the new coronavirus, Governor Murphy said. Photographer: David 'Dee' Delgado/Bloomberg
Michael Cohn
May 18, 2020 10:55 AM

The U.S. Small Business Administration, in conjunction with the Treasury Department, released a loan forgiveness application for the SBA’s troubled Paycheck Protection Program, along with detailed instructions for the application.

3 Min Read
A medical personal directs a patient at a free Covid-19 testing site in Hayward, California, U.S., on Monday, March 23, 2020. Governor Newsom on March 19 ordered that all of the state’s 40 million residents go into home isolation while saying outdoor activity is permissible with proper social distancing. Photographer: David Paul Morris/Bloomberg
Jeff Stimpson
May 18, 2020 10:44 AM

Tax practitioners share the questions they’re getting asked most, and how they’re answering.

3 Min Read
House Minority Leader Nancy Pelosi, a Democrat from California, speaks during a news conference at the U.S. Capitol.
By Erik Wasson and Billy House
May 18, 2020 9:49 AM

The measure, passed 208-199, would give cash-strapped states and local governments more than $1 trillion while providing most Americans with a new round of $1,200 checks

5 Min Read
Michael Moeser
May 18, 2020 9:20 AM

The coronavirus pandemic has had an immediate impact on a wide swath of consumer spending habits and payment choices — some of which may remain in place for some time after the crisis subsides — as certain categories such as travel have fallen to the wayside and others such as grocery stores have risen as more consumers eat meals at home.

1 Min Read