The American Institute of CPAs’ Professional Ethics Executive Committee has decided to postpone the effective dates for three of its ethics interpretations in its Code of Professional Conduct for one year, due to the impact of the novel coronavirus pandemic.
Financial executives are taking a two-phase approach to managing coronavirus issues that face their companies, according to a new survey.
It is no secret that many mergers and practice transfers never came to life because of fear.
The Internal Revenue Service said individuals who got a $1,200 stimulus payment intended for someone who’s deceased or incarcerated should return the money but left open the question of how the agency would enforce that.
When the coronavirus pandemic began, Square pushed hard to get a bigger share of merchants' online sales and consumers' stimulus spending — and even received its long-desired bank license — but found that this wasn't enough to offset the effects of the crisis.
Coronavirus has taken bankers out of their comfort zone. But they should view adaptations they’ve made in confronting the pandemic as a chance to hone their emergency response skills, not a permanent new normal.
Industry giving is likely to decline in the wake of the pandemic, but it could force the movement to update its giving platforms.
The businesses that are open now are providing clues for payment hardware makers on how the retail landscape will look once the pandemic clears.
Despite PayPal's efforts to get people to receive — and spend — their stimulus checks from PayPal accounts, the coronavirus pandemic caused its revenue for the first quarter to come in below company guidance.
Gene Marks predicts we’ll emerge from the pandemic sooner that most people expect, with less damage.