Remote-Work Policies Still in Development: Survey
Only 37% of the employers surveyed by Willis Towers Watson in October had remote-work policies in place prior to 2020.
PPP “Loan Necessity” Form Causes a Stir
A questionnaire asking borrowers to justify their $2 million-plus Paycheck Protection Program loans is confusing and burdensome, says the AICPA.
Small Businesses Embracing Subchapter V Bankruptcies
The COVID-19 economic downturn has small businesses considering Subchapter V bankruptcy filings over other options.
FASB to Take Up Digital Currencies Question
Current GAAP accounting prohibits a business from showing the true value of its crypto assets, say critics.
Beware This Misstep With Share Buybacks
Knowledge of a potential sale eluded Andeavor LLC's internal controls team, causing the firm to violate securities law.
Kaiser to Leave PCAOB; Chief Auditor to Replace Him
Megan Zietsman, chief auditor and director of professional standards of the PCAOB, will replace Jim Kaiser, who is retiring.
No Interest Rate Increases for Three Years: Fed
The Fed's Open Market Committee said that the ongoing public health crisis would continue to weigh on economic activity, employment, and inflation.
Another Weak Quarter for U.S. Banks
Banks' net interest margins plummet; poor business loan performance pushes up delinquency and charge-off rates.
Zoom Outage Disrupts Monday Morning Meetings and Classes
Videoconferencing system's widespread outage demonstrates the fragility of the remote work and learn models.
Sexual Harassment Foreshadows Weak Stock Performance: Study
How much does a high incidence of sexual harassment within a company hurt firm value?
SEC Charges Consumer Loan Company With FCPA Violation
World Acceptance's former Mexico subsidiary paid more than $4 million in bribes to Mexican officials, said the SEC.