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“The American people need access to financial sector services, and State and local governments must ensure the continuity of critical financial sector functions,” said Treasury Secretary Steven Mnuchin.
March 24, 2020 10:31 AM

Financial services personnel were among critical infrastructure groups that the Department of Homeland Security said were crucial for “public health and safety as well as community well-being” during the pandemic.

1 Min Read
Broken rope
William M. Isaac
March 24, 2020 9:55 AM

If the new accounting standard poses too many risks during an economic crisis, then it's probably not a good idea at all.

4 Min Read
Paul Burton
March 24, 2020 9:30 AM

New York MTA and 10 other transit systems have cited the crippling effects of ridership drops due to COVID-19.

2 Min Read
PwC building on Park Avenue in New York
PwC
Tim Ryan
By Tim Ryan
March 24, 2020 6:00 AM

PwC's U.S. leader discusses how his firm and the heads of other large organizations can do more to support their employees and the communities around them.

5 Min Read
Businesses adjust forecast AICPA economic outlook survey chart Coronavirus covid19
Ranica Arrowsmith
March 23, 2020 11:56 PM

Existing general auditing standards can and should be complied with, despite difficulties.

3 Min Read
Businesses adjust forecast AICPA economic outlook survey chart Coronavirus covid19
Melissa Diaz
March 23, 2020 10:33 PM

High Rock Accounting provides clients with cash flow assistance and guidance. But what happens when a firm needs the same assistance?

7 Min Read
PCAOB logo
Michael Cohn
March 23, 2020 6:47 PM

The Public Company Accounting Oversight Board is giving firms a pause until May 11, given the difficulties businesses are facing from COVID-19.

2 Min Read
Puerto Rico Governor Wanda Vazquez Garced
Robert Slavin
March 23, 2020 6:33 PM

The funds will be in addition to the $160 million from the Emergency Reserve Fund that the board released March 12.

2 Min Read
Superstorm Sandy-NYSE-Hurricane-Bloomberg News
Todd Cipperman
March 23, 2020 5:34 PM

We've had many chances to learn, from the dot-com bust to the 2008 financial crisis. But the storm is perhaps most applicable to our current situation.

4 Min Read
Andrew Coen
March 23, 2020 5:28 PM

The economic dislocations brought by COVID-19 led Fitch Ratings to drop the Long Island county to BBB-plus.

2 Min Read