Business continuity

The COVID-19 pandemic isn’t stopping BDO USA from pursuing a constant series of M&A deals in recent years, although the latest one had to be mostly negotiated at a safe distance.

The COVID-19 pandemic is likely to lead to long-term consequences for organizations, according to a survey of accountants around the world by the Association of Chartered Certified Accountants.

Finance execs are concerned about a new wave of infections leading to a further economic downturn, according to a survey Monday from PricewaterhouseCoopers.

As companies contend with the economic impact of the global pandemic and the related risks, management should be prepared for heightened auditor scrutiny.

Highs, lows, curveballs and surprises are routine for every business, including accounting firms. Pandemics, however, are not routine (thankfully!). This crisis tests and provokes us all to the extreme.

The Bonadio Group, a Top 100 Firm based in Rochester, New York, began returning to its offices this week as the stay-at-home order to combat the spread of the coronavirus was lifted in some parts of the state.

Do you have someone on your team who’s not flourishing and developing?

Business operations need cash influxes now more than ever.

As companies are evaluating continued operations, balancing profits with acceptable levels of loss, functioning with massively more remote work and trying to make up for economic disruptions, the first thought tends to be “How can we cut costs?”

Here are 10 suggestions to help firms think through near-term needs and create a plan to help shore up business continuity and mitigate some risks during this sensitive time.

Everyone benefits from a well-thought-out plan, including staff and clients.

The IRS and others offer advice on preparing individuals and businesses for the worst.

The Securities and Exchange Commission is providing regulatory relief and assistance to accountants, public companies, investment firms, municipal advisors and other affected by Hurricanes Harvey, Irma and Maria.

The Internal Revenue Service is offering tax relief to victims of Hurricane Maria in Puerto Rico, along with victims of the other recent monster storms, Harvey and Irma.

The Internal Revenue Service is giving Hurricane Irma victims in Florida until Jan. 31 to file some individual and business tax returns and make tax payments.

The Internal Revenue Service is giving tax-exempt organizations in the parts of Texas, Florida, Puerto Rico and the U.S. Virgin Islands affected by Hurricanes Harvey and Irma more time to file their returns.

The Internal Revenue Service is granting additional time to file returns and make payments for taxpayers in the Virgin Islands, with similar help expected for people in Florida and other states as well.

CPA firms in Florida were getting ready Friday for Hurricane Irma as it made its way to the Sunshine State after decimating several islands in the Caribbean.

As Florida prepares for the storm, some steps can be taken before and after it hits.