The CPA’s first line of defense is to protect e-tailers and brick-and-mortar shops.
Issuance in the public finance sector is likely to contract in 2020, S&P Research says.
Pessimism about the economic situation in the United States continues to affect the way consumers view the economy and their financial position.
Fed officials also talk about the muni liquidity facility and efforts to help the economy in the wake of the COVID-19 pandemic.
The pandemic has prompted confidence among accountants to fall to its lowest levels on record in all regions of the world during the first quarter of the year.
While some economists expect a V-shaped recovery, others say it will not be as sharp as the decline, and it could be years before output rises to pre-coronavirus levels.
Most CFOs polled by PwC expressed great concern for their business and 80 percent anticipate COVID-19 will decrease their revenue or profits this year.
As lawmakers scramble to enact coronavirus relief legislation, some industry groups have suggested Americans could be in for “one of the greatest economic disruptions since the Great Depression.”
As the Federal Reserve continues trying to keep markets liquid as the stock market sinks, economic data are showing the effects of COVID-19.
With a significant decline in new infections in China, positive news may be ahead, one expert says.