05/26/2020
ICFR Considerations for Smaller Reporting Companies for Management
In March 2020, the Securities Exchange Commission (SEC) amended its rules to...
05/20/2020
Internal Control Implications on Going Concern Analysis
In accordance with ASC 205-40, at each annual and interim reporting period,...
SBA Releases PPP Loan Forgiveness Application
On May 15, 2020, the Small Business Administration (SBA) released the Paycheck...
04/28/2020
Key Considerations in Material Weakness Remediation
The management of public companies are responsible for maintaining a strong internal...
04/26/2020
COVID-19 Impacts on Going Concern Assessments
In accordance with ASC 205-40, in preparing financial statements for each annual...
04/24/2020
Additional Funding to the Paycheck Protection Program
On April 24th, President Trump signed the $484 billion Paycheck Protection Program...
04/14/2020
Changes to Lease Accounting Due to the Coronavirus Disease (COVID-19)
The Financial Accounting Standards Board (FASB) has been actively involved in evaluating...
The Importance of High-Quality Financial Reporting & Disclosure in the Age of COVID-19
Considerations Companies, investors, analysts and regulators are all closely monitoring the financial...
04/09/2020
Understanding the CARES Act and SBA Loan Program
As we all continue to navigate a world impacted by COVID-19, it...
04/03/2020
Accounting, Reporting and Other Internal Control Considerations Resulting from the Coronavirus Outbreak
The 2019 Novel Coronavirus infection (‘coronavirus’) or ‘COVID-19’ outbreak poses a serious...
03/28/2020
SEC Staff Issues Guidance on Annual Meetings
On March 13, 2020, the staff of the Division of Corporation Finance...
03/26/2020
SEC Changes the Accelerated and Large Accelerated Filer Definitions
On March 12th, the SEC adopted the highly anticipated amendments to the...