Coronavirus

150,000 reasons to protect yourself against ransomware, and nine other developments in technology from this past month and how they’ll impact your clients and your firm.

The global coronavirus pandemic has created an atmosphere of change for VAT countries as they struggle to come to terms with the financial impact of the crisis.

Deloitte is helping its corporate clients get ready to prepare their quarterly financial statements in the midst of the novel coronavirus pandemic, as its own employees grow more accustomed to doing remote audits while working from home.

The American Institute of CPAs has organized a coalition of 21 business trade groups to push for help for businesses' short-term liquidity needs.

A new study also found that accountants are, by and large, very pleased with how their firms have responded to the pandemic.

This year is expected to be the worst for the global economy since World War II, according to a new survey by the Association of Chartered Certified Accountants and the Institute of Management Accountants.

The Governmental Accounting Standards Board released a technical bulletin with guidance for applying existing GASB standards to transactions related to the CARES Act and outflows incurred in response to the COVID-19 pandemic.

The Internal Revenue Service and the Treasury Department released proposed regulations and temporary regulations to offer guidance for consolidated groups on net operating losses in the wake of changes under both the Tax Cuts and Jobs Act of 2017 and the CARES Act.

The Trump administration released details of almost 4.9 million loans to businesses – from sole proprietors to restaurant and hotel chains – under the federal government’s largest coronavirus relief program so far, the $669 billion Paycheck Protection Program.

The 2017 tax law eliminated the federal write-offs previously allowed for unreimbursed business expenses and home offices, along with most other miscellaneous itemized deductions.

The American Institute of CPAs announced that it is offering education grants to 25 accounting students who have been monetarily impacted by the ongoing pandemic.

Three worldwide accounting groups have banded together to issue a report offering guidance on how CFOs and finance teams can steer their organizations toward long-term value creation during the COVID-19 pandemic.

The Internal Revenue Service is extending timelines for performing some of the actions associated with the low-income housing tax credit and bonds for qualified residential rental projects to give businesses more time during the COVID-19 pandemic.

Audit firms can enhance the reliability of environmental, social and governance reporting, according to a new report from the Center for Audit Quality.

Finding ways to not just maintain revenues but increase them is becoming Job One for accounting practices large and small in the pandemic.

With a resurgence of the coronavirus threatening a nascent rebound of the U.S. economy, the White House and Congress are under increased pressure to come to terms on another round of stimulus.

The unemployment rate fell to 11.1 percent, as employees returned to work despite the ongoing spread of COVID-19.

The House gave final last-minute congressional approval Wednesday to extending the popular loan program for small businesses until Aug. 8, hours after the deadline for applications lapsed with more than $130 billion still available.

The COVID-19 pandemic looks to be accelerating the long-term trend toward the adoption of the cloud.

The Babson College professor takes his post as the institute faces the challenge of the coronavirus pandemic.