The meeting was the last in chairman Russell Golden’s term.
After initially processing the loans manually, the Minnesota bank turned to "low code" software to build the electronic forms and workflows needed to approve loan applications. The result: a more than fivefold increase in the number of loans it could process in a day.
Accountants, as well as lawyers and consultants, who helped small businesses apply for emergency relief funds through the Paycheck Protection Program want to be compensated. Are they entitled to be?
The economic impact of the coronavirus pandemic could lead to the ongoing expansion of workers’ access to early, or earned wages (EWA) through advances and instant payouts, including to new types of users.
The Internal Revenue Service won’t charge people who threw their stimulus money away because they thought the envelope was junk mail.
One segment of the market, at least, has proved more resilient than many feared early on in the crisis.
The positive figures included 13,200 jobs in accounting, and raised hopes for a faster economic recovery despite the coronavirus pandemic.
Our newly independent practice turned the shift to virtual into a learning experience we never would have expected.
International Federation of Accountants CEO Kevin Dancey talks about how accounting organizations around the world are dealing with the coronavirus pandemic and working with each other to solve problems and share resources.
The race to provide coronavirus relief for small businesses is opening new routes to fund payments, including underused credit lines.