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Drone footage follows 10,000 ducks “cleaning” rice paddies in Thailand

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PPP Forgiveness Other Income Figure on Form 1120S

(Accounting Web) - The Consolidation Appropriations Act of 2021 was signed into law on December 27, 2020 and explained that PPP loans that are forgiven are excluded from a client's income. However, this new law did not include gross income that would otherwise arise from the forgiveness of a PPP loan.



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AICPA Proposes New Quality Management Standards for Firms 
(CPA Practice Advisor) - The American Institute of Certified Public Accountants has proposed three new standards on quality management for CPA Firms at the Firm and engagement levels. The proposed standards bring essential changes to the way firms oversee the quality of the ...


Accounting Profession Continues to Zero in on DEI Issues 
(JofA) - Meaningful improvement in DEI in the accounting profession will not occur overnight and will take more than a year to accomplish. It takes time for motivated leaders to develop effective strategies and programs to implement a diverse and inclusive workforce.


How to Send Large Files Over the Internet 
(PC Mag) - Trying to figure out how to transfer large files online? Gmail and Yahoo have a 25MB limit, but don't worry; there are other ways to send your work without hitting an error message.


Improving ROIC: Reevaluate How Capital Is Invested 
(CFO) - To boost return on invested capital, focus on four areas where capital tends to get trapped.


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About AccountantsWorld

At AccountantsWorld, we value the crucial role that YOU play in core business services - accounting and payroll - just as much as you do.

That's why, since 2003, we've used the unprecedented power of the cloud to put you back in full control of your accounting and payroll services so you can best serve your clients, while raising your own firm's value and relevance. And we never sell our products or services directly to your clients.

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