Some things remain constant for auditors, even when everything else is changing.
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Audit & Accounting
May 11, 2020
Upcoming Events May 11, 2020
The 3 Cs of auditing in a remote world
By Alan Anderson      4 min read
Some things remain constant for auditors, even when everything else is changing.
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GASB delays upcoming standards and guidance due to coronavirus
By Michael Cohn     2 min read
The Governmental Accounting Standards Board is postponing the effective dates of many of its pronouncements and implementation guides for 12 to 18 months to provide some breathing room for accountants.
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AICPA delays effective dates of ethics rules due to coronavirus
By Michael Cohn     4 min read
The American Institute of CPAs’ Professional Ethics Executive Committee has decided to postpone the effective dates for three of its ethics interpretations in its Code of Professional Conduct for one year, due to the impact of the novel coronavirus pandemic.
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SPONSOR CONTENT
Lease Accounting Fallout from COVID-19
Rent concessions, discount rates and more critical lease accounting topics affected by Coronavirus
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Senators introduce bill to allow tax deductions for forgiven PPP loans
By Michael Cohn     3 min read
A bipartisan group of lawmakers introduced legislation Wednesday to enable small businesses to deduct their expenses even if they have received a loan from the federal government’s Paycheck Protection Protection Program that was later forgiven.
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IRS explains how ineligible taxpayers should return their coronavirus stimulus payments
By Michael Cohn     3 min read
The Internal Revenue Service has posted information on how people who weren’t supposed to receive their economic impact payments for the novel coronavirus pandemic should return the money.
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RESOURCES
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A guide to integrating an accounting system →
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