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Are Your Clients Ready for a PPP Audit?

(Accounting Web) - The U.S. Department of Treasury and Small Business Administration (SBA) have promised the government will audit all recipients of Paycheck Protection Program (PPP) loans over $2 million who seek loan forgiveness. So, the question is not if, but when, an audit is coming.


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How to Use Microsoft Teams More Productively 
(PC Mag) - Optimize your Microsoft Teams account, quiet the biggest distractions, and get more done with this killer messaging and video-chat app.


Do You Have a Clear Practice Management Vision? 
(CPA Practice Advisor) - In these challenging times of pandemics and work-at-home, tools to manage the practice, team members, and workload help. Most firms report that advisory work has currently exploded while helping clients manage cash flow, apply for SBA and PPP loans ...


IRS Allows Midyear Changes to Health Coverage, Dependent Care Elections 
(JofA) - In response to the coronavirus pandemic, the IRS is allowing employers to permit their employees to change their health coverage elections or dependent care elections during the year


Which Big 4 Firm Was the Biggest Loser In the First Auditor Shuffle of 2020? 
(Going Concern) - Nearly 60 companies that are audited by one of the 12 major global or national accounting firms played auditor musical chairs during the first quarter of 2020, and EY ended up being the biggest beneficiary after the last song ended.


UK Economy Posts Sharpest Monthly Decline on Record  
(CNBC) - In March, month-on-month, the economy contracted by 5.8%, tipping U.K. GDP into a quarterly contraction of 2% across the first three months of the year.


5 keys to build a premier CAS practice

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Live CPE Webinar: How to Weather the Storm...and Emerge Stronger

We’re in the midst of an unprecedented crisis, one that will have an adverse impact on most accounting practices. But it doesn’t have to permanently damage your practice. You can not only bounce back from it but thrive for years to come - if you take it as a wake-up call to reinvent your practice.



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