Lender accounting issues related to the Paycheck Protection Program (PPP) are discussed in new Technical Questions and Answers (TQAs) issued Tuesday by the AICPA. TQAs 2130.41 through 2130.44 provide nonauthoritative guidance in answers to the following lender accounting questions: If a creditor restructures a loan due to COVID-19 to include a period of reduced payments, […]
A Rundown of Environmental Regulations to Keep on Your Small Business’s Radar
Depending on your business, you may work with things that require your compliance with environmental regulations. The Environmental Protection Agency (EPA) enforces a number of laws that businesses of all sizes must follow. But when it comes to small businesses, the EPA does offer some flexibility. Read on to learn the basics of EPA regulations […]
How COVID-19 taught new ways to work
When the coronavirus pandemic led to stay-at-home orders that shuttered businesses, organizations across the country had to adapt quickly. Employees began working from home and accelerated their use of videoconferencing. Technology was upgraded, and leaders reassured clients, customers, and vendors without seeing them face to face. Accounting firms, known for brick-and-mortar offices and in-person client […]
Art of Accounting: Developing a niche or specialty – Accounting Today
It is important to develop a specialty, but it needs to be balanced with the needs of the practice and your interests. In this age of specialization and niche expertise, being a generalist is a negative to most people, indicating a lack of competency in an area. When someone professes to be an “expert” in […]
How to find SBI CIF Number & Why it’s so Important?
CIF or Customer Identification File is a virtual file with the bank which contains all personal & financial details of a customer (like SBI CIF Number). This means it has all information including valid photo id, signature, address details, etc. It links all relationship of the bank like savings account, fixed deposit or loans. This […]
9.75% Muthoot Fincorp NCD June 2020 ★ Should you Invest?
Muthoot Fincorp Ltd has come out with public issue of “Muthoot Fincorp NCD June 2020” (non-convertible debentures) offering up to 9.75% interest rate and opens for subscription from June 29, 2020. Muthoot Fincorp Ltd is a non-deposit taking NBFC (non-banking finance company). The NBFC is focused on loan against gold ornaments & jewellery for personal […]
Sukanya Samriddhi Yojana Calculator 2020 ★72 lakhs on Maturity★
We have designed the excel based Sukanya Samriddhi Yojana Calculator which calculates the maturity amount and return on investment for your investment. The scheme was launched in 2015 and since then has become is very popular deposit scheme for girl child especially focusing on their higher education and marriage. Sukanya Samriddhi Calculator Rules Below are […]
RBI Floating Rate Savings Bonds 2020 Review
The Government of India has announced the launch of Floating Rate Savings Bonds, 2020 (Taxable) or FRSB 2020 on July 1, 2020. This is the replacement of recently discontinued RBI 7.75% taxable 2018 bonds. RBI Floating Rate Savings Bonds 2020 Features Rate of Interest: 7.15% (would be reset twice every year on January 1st and […]
Accounting students work through bank internship amid coronavirus pandemic – St. Mary’s University
“Over 60% of all accountants in the U.S. are female,” Kaciuba said. “Based on that, it isn’t shocking that our impressive students landed these internships. What is most interesting, however, is that the bank really needed the three women to come back as soon as possible.”
Business Interruption Insurance: Protecting Your Company from the Unexpected
Your business is your pride and joy. And if you’re like most owners, you’ll do whatever it takes to protect it at all costs. But, you can’t always protect your company from unexpected events, like natural disasters. To keep your business safe and help it stay afloat if disaster strikes, consider investing in business interruption […]