Leaders from the AICPA share details of firms’ struggles, and the work the profession is doing to mitigate the economic effect of the coronavirus.
Visa’s the first card company to push back the October deadline for U.S. gas station EMV compliance, but that’s just one of a mounting set of challenges petroleum merchants are facing because of the coronavirus.
The international group has published a roadmap that focuses on four main areas of change.
With the emergence of the COVID-19 crisis, businesses of all sizes are figuring out how to operate in a work-from-home environment.
The Paycheck Protection Program continues to evolve -- and there are other ways to help business clients, according to Erik Asgeirsson of CPA.com and Mark Koziel of the AICPA.
The lingering effects of the pandemic will require greater scrutiny of some issues.
Credit unions moved quickly to reduce branch access as the coronavirus crisis worsened. The harder decision will be when and how to begin lifting those restrictions.
The shortage of personal protective equipment (PPE) for medical workers is one of the most troublesome elements of the coronavirus outbreak, though prior work to declutter cross-border supply chain payments provides some hope.
Many banks are slashing their spending. Others are changing their messaging strategies. And those banks that partner with pro sports teams are stuck in limbo, since it remains unclear when games will resume.
Financial advisors, broker-dealers, custodians and other firms are trying to do their part amid a public health and economic crisis.