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Sustainability
5 Tips to Get Your Sustainability Story to the Stakeholders Who Matter
Sustainability reports are an important tool in a CFO’s strategic communications arsenal that helps attract employees, customers, and capital.
By
Leigh Ann Johnston
| January 30, 2023
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Paycheck Protection Program
Risk & Compliance
Thieves Nab $100M in Pandemic Relief Funds
The Secret Service says funds from CARES Act programs including the PPP were stolen by individuals and organized criminal networks worldwide.
By
Matthew Heller
| December 22, 2021
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Fraud
Loan System Bugs Holding Up PPP Loans: AICPA
In a letter to the SBA this week, the AICPA said legitimate loan applications are being denied acceptance because they are being incorrectly flagged.
By
Vincent Ryan
| February 5, 2021
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Credit & Capital
PPP Reopens With $284B for Small Business Loans
The revamped COVID-19 relief program also allows some companies to apply for a second draw of up to $2 million.
By
Matthew Heller
| January 11, 2021
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Credit & Capital
Congress Includes PPP Extension in New Relief Bill
PPP borrowers will also be able to deduct expenses paid for with their loans, reversing an earlier IRS decision.
By
Matthew Heller
| December 21, 2020
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The Economy
Buffett: Small Businesses Have Become Collateral Damage, Congress Should Renew PPP
The CEO of Berkshire Hathaway said the country owes it to millions of small businesses to renew the Paycheck Protection Program.
By
Lauren Muskett
| December 15, 2020
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Regulation
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.
By
Vincent Ryan
| November 20, 2020
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Legal
Court Orders Release of PPP Borrower Details
The decision was a victory for media organizations that sued the SBA for access to data about roughly $600 billion in COVID-19 loans to small businesses.
By
Matthew Heller
| November 9, 2020
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Risk & Compliance
Feds Net 57 People in Probe of PPP Loan Scams
The defendants allegedly tried to steal a total of $175 million from the program, which some had feared would be a magnet for fraud.
By
Matthew Heller
| September 11, 2020
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The Economy
U.S. Confidence Starts to Rebound
Finance executives are more optimistic about the domestic economy, but they expect a slow recovery.
By
Lauren Muskett
| September 9, 2020
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The Economy
Top CEOs Urge Congress to Save Small Firms
More than 100 executives said small businesses need "much more significant and sustained support" than the PPP to weather the COVID-19 pandemic.
By
Matthew Heller
| August 4, 2020
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Working Capital
Will There Be a Second Round of Paycheck Protection Loans?
Under proposed legislation, smaller businesses would be targeted, and they would have to show a 50% revenue drop.
By
Vincent Ryan
| July 20, 2020
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Fraud
Watchdog Warns of ‘Significant’ PPP Fraud Risk
The GAO says "minimal" underwriting standards left the $670 billion small business rescue program vulnerable to fraud.
By
Matthew Heller
| June 26, 2020
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Growth Companies
Shining a Light on Earnings Adjustments
Finance will have to make some judgments when trying to present a normalized view of ongoing financial performance.
By
Jonathan Nus and Michael Tamulis
| June 24, 2020
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Credit & Capital
New Bill Offers Second Loans to PPP Borrowers
“Congress must once again act urgently to support our most vulnerable small businesses through this crisis."
By
Matthew Heller
| June 19, 2020
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Risk & Compliance
Senate Passes Bill Extending Time to Use Paycheck Protection Loans
The program has given out 4.4 million forgivable loans so far.
By
Lauren Muskett
| June 4, 2020
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