Coronavirus

With the world going through a recession, stakeholders and investors of client companies will lean on accounting firms more than ever to maintain trust and confidence in their companies.

Europe’s top markets watchdog is warning companies against getting creative with financial statements that obscure the effect of the coronavirus pandemic on their bottom line.

The Top 100 Firm has its eye on more COVID-19 solutions.

For families who employ a nanny to care for their children in the home, there is the extra concern of what to do with their employee.

But relatively few audit execs are actually performing reviews of critical risk areas such as health and safety.

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?”

The application from the Treasury leaves many questions unanswered.

The Internal Revenue Service and the Treasury Department are beginning to send nearly 4 million economic impact payments by prepaid debit card, instead of by paper check or direct deposit.

Crowe has joined the growing number of firms offering solutions to aid in Paycheck Protection Program participation.

The Internal Revenue Service is bringing in more help to deal with the flood of calls about economic impact payments.