Offering COBRA To Furloughed Employees
In response to the novel coronavirus (COVID-19) outbreak, many employers have closed all or parts of their operations — and placed all or some employees on temporary unpaid leave in
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Going Concern Assessments During COVID-19
The novel coronavirus (COVID-19) pandemic has adversely affected the global economy. Companies of all sizes in all industries are faced with closures of specific locations or complete shutdowns; employee layoffs,
Five Ways To Protect Remote Workers From Cyberattacks
Many businesses were unprepared when the novel coronavirus (COVID-19) pandemic required them to close their physical offices and shift to remote operations. Your company, for example, may have had to
Ensuring Independent Contractors Are Properly Classified
As a result of the coronavirus (COVID-19) crisis, your business may be using independent contractors to keep costs low. But you should be careful that these workers are properly classified
GASB Issues Exposure Draft to Provide Relief from Standards Implementation
With many state and local governments closing their offices during the COVID-19 pandemic, the Governmental Accounting Standards Board (GASB) issued an exposure draft entitled ‘Postponement of the Effective Dates of
Business Interruption Insurance During The Pandemic
A natural place to turn when disaster strikes is insurance. The very reason you pay premiums and deal with the paperwork is to have these risk management policies in place
Navigate COVID-19 Obstacles With Virtual Board Meetings
The novel coronavirus (COVID-19) pandemic has forced many of us to work differently — whether it is isolated at home or in-person wearing facial masks and other protective gear. Even
CARES Act Provides Option To Delay CECL Reporting
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27. Among other economic relief measures, the new law allows large public banks to temporarily
EEOC Guidance Addresses Screening Employees For COVID-19
The coronavirus (COVID-19) outbreak has changed the way most employers are interacting with their employees. Many organizations have sent employees home to work remotely, but this is not feasible in
Fake COVID-19 Treatments & Other New Fraud Schemes
Like the coronavirus (COVID-19) pathogen itself, incidents of COVID-19 fraud are surging and financial losses are piling up. The Federal Trade Commission (FTC) reports that the number of 2020 COVID-19-related