Five steps for business continuity amid COVID-19

As a former CFO, I have managed through crises, including the Gulf War, 9/11 and the 2008 financial crisis. The financial disruption of the coronavirus (COVID-19) pandemic is like having all three of those events occur simultaneously. Our entire global economic and social system is operating in uncharted territory. Amid the uncertainty, the finance function […]

Free AICPA resources to help you navigate COVID-19

The coronavirus (COVID-19) pandemic is causing enormous consequences around the globe, and we know many of our members are experiencing uncertainty and concern for what’s next. The Association of International Certified Professional Accountants, the global voice of the AICPA and the Chartered Institute of Management Accountants (CIMA), is here to help you through these challenging […]

9 actions the government must take now to support businesses and employees

The American Institute of CPAs® is calling on Congress and the Trump administration to take nine key steps to protect U.S. businesses and employees struggling due to the impact of the coronavirus (COVID-19) on the economy. In speaking with CPA firms, businesses and AICPA® members across the country, the AICPA identified the below actions as […]

10 ways to stay social at a distance

To limit the spread of COVID-19, we all have to do our part. For the majority of Americans, this means working or schooling from home, limiting all discretionary travel – including social trips – and avoiding groups of 10 or more. For some, a few days at home may be a welcome break from the […]

Coronavirus: Prepare your clients and protect your practice.

The novel coronavirus (COVID-19) has been at the top of minds and dominated news coverage since it was first identified in Wuhan, China, in December 2019. The coronavirus spread globally since its initial outbreak, and the World Health Organization (WHO) has officially declared it a global pandemic. Check out this animated map to see its […]

What near-zero interest rates mean for your wallet

The Federal Reserve cut interest rates to near-zero in an emergency move Sunday meant to make borrowing as cheap as possible as the U.S. economy feels the economic impact of the spread of the coronavirus (which causes COVID-19). The benchmark U.S. interest rate is in a range of 0% to 0.25%. The Fed also announced […]

Reimagine productivity: Self-care moments

When work gets busy or stressful, the little things we do to make ourselves feel good are often the first activities to fall by the wayside. At a time when every minute at the office feels precious, spending some time enjoying a good meal, taking a walk or listening to music can seem like a […]

Three common challenges (and three solutions!) for women in the profession

In honor of International Women’s Day—a century-old global event that brings the world together in celebrating the social, economic, cultural and political achievements of women—we look at challenges women face in the workplace and ways the Association of International Certified Professional Accountants, the unified voice of the AICPA and CIMA, can help. Support amidst [...]

Test your knowledge on tax extensions

March is here, and that means it’s time to talk to your clients about possibly extending their returns. How knowledgeable are you about extensions? Find out with this short quiz: #1: True or false: An extension of time to file means that the tax isn’t due until the return is filed. False. An extension extends […]

Fraud is harder on emotions than finances for aging clients

Financial abuse and fraud that targets elderly clients can do more than devastate their savings and ruin their credit. The AICPA’s recent Personal Financial Planning (PFP) Trends Survey found that falling victim to fraud is much more likely to have an emotional impact on the elderly than a financial one. Of the many types of […]