The Center for Audit Quality will be premiering a new documentary Thursday following a group of aspiring young accounting students as they take a 21-day RV trip across the country and learn about the auditing and accounting profession from some of its practitioners. | The profession and the pandemic | Want to do more than just survive the coronavirus pandemic? Join our four-part master class with Gary Boomer, Allan Koltin and Gary Shamis on navigating the crisis. Save $100 with discount code ACT100. | |
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| | IRS allows remote signatures on retirement plan elections → | By Michael Cohn 2 min read | The Internal Revenue Service is giving retirement plan participants and beneficiaries some added flexibility during the COVID-19 pandemic to remotely sign or have their retirement plan elections notarized. | | Challenges and opportunities for management accountants → | By Daniel Hood | As companies struggle to survive in an increasingly complex and threatening environment, the role of management accountants has become ever-more critical, according to IMA president and CEO Jeff Thomson. | |
COVID-19 and the new business imperatives for CPA firms → | By Ira Rosenbloom 3 min read | 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. | | Private sector cuts 2.76M jobs in May, says ADP → | By Michael Cohn 3 min read | Private sector employers slashed at least 2,760,000 jobs from April 12 to May 12, according to payroll giant ADP, on top of the 20 million job cuts in the previous monthly period. | | |