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.
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June 4, 2020
Upcoming Events June 4, 2020
Daily Briefing
CAQ documentary on young auditors going on road trip debuting on PBS and online
By Michael Cohn      7 min read
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.
Read More
 
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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Gusto aids accountants in helping clients apply for PPP loans
By Michael Cohn      5 min read
The payroll provider has been partnering with accountants to help them secure loans for their small businesses.
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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.
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FASB defers revenue recognition and leases standards for private companies and nonprofits due to coronavirus
By Michael Cohn      4 min read
The Financial Accounting Standards Board released an accounting standards update providing a one-year effective date delay for private companies and organizations to apply the revenue recognition and leases standards due to COVID-19, although they still have the option to apply the standards early.
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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.
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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.
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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.
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Carillion loses bid to get KPMG documents ahead of U.K. lawsuit
By Ellen Milligan      2 min read
Defunct U.K. contractor Carillion Plc won’t be able to get key KPMG documents to prepare for a 250 million-pound ($314 million) negligence lawsuit against the accounting firm.
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The vertical pandemic: Niches needing help
By Daniel Hood, Danielle Lee, Ranica Arrowsmith, Sean McCabe      16 min read
Accountants share the problems facing four different industries.
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Boomer’s Blueprint: 10 tips for working from home
By L. Gary Boomer
These videoconferencing best practices will significantly boost your remote-communication game.
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