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6-month delay granted for peer reviews

  • May 7, 2020

CPA firms will be granted six-month extensions for peer reviews, corrective actions, and implementation plans with original due dates between Jan. 1 and Sept. 30 of this year, according to a vote taken Thursday, May 7, 2020, by the AICPA Peer Review Board (PRB). Continue Reading

SBA stops accepting PPP applications after funding runs out

  • April 17, 2020

On Thursday, April 16, 2020, the U.S. Small Business Administration stopped accepting applications for the Paycheck Protection Program after exhausting the initial $349 billion in funding provided by Congress to fund forgivable loans to small businesses impacted by the COVID-19 pandemic. Continue Reading

SBA issues details for Paycheck Protection Program loans

  • April 3, 2020

On April 2, 2020, the U.S. Small Business Administration issued an interim final rule for the Paycheck Protection Program (PPP), which is offering $349 billion in forgivable loans that small businesses impacted by the coronavirus pandemic can use to cover costs including payroll and rent. Continue Reading

Steps toward closing the gender pay gap

  • September 12, 2019

Female accountants and auditors made less than their male colleagues did, according to a 2018 report from the American Association of University Women. Organizations can take several steps to close the gap, including tracking compensation metrics, narrowing ranges for starting salaries and setting objective guidelines for providing pay raises. Continue Reading