IAASB Updates Pandemic Response
The International Auditing and Assurance Standard Board (IAASB) has provided an update on its COVID-19 response. It noted that the COVID-19 pandemic continues to disrupt…
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Small Business Administration Weekly PPP Loan Approval – Week of July 24
The Small Business Administration released their most recent weekly report Paycheck Protection Program (PPP) loan approvals as of July 24: The top line information is…
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Wolters Kluwer Tax & Accounting Provides 2020 Post-Filing Season Tax Update
Focus shifts to other developments in Federal Income Taxes Wolters Kluwer Tax & Accounting today announced the publication of its “2020 Post-Filing Season Update,” available…
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The Senate Republican Policy Committee released a short document on July 28th that summarizes the “HEALS Act.”
The Senate Republican Policy Committee released a short document on July 28th that summarizes the “HEALS Act.” The part of the summary pertaining to the…
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Paycheck Protection Program Expansion Proposed by Senate Republicans
On July 27th, the Senate Majority Leader Mitch McConnell announced the Health, Economic Assistance, Liability Protection and Schools (HEALS) Act as the Senate Republicans proposal…
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4 Keys to Enhancing Audit Quality
In June, Boomer Consulting, Inc. had the honor of sponsoring Wolters Kluwer’s Audit Talks LIVE virtual conference. The event brought together audit experts and technologists…
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Supreme Court Won’t Review Altera Decision Exempting SBC Costs from Comparable Arms-Length Standard
Multi-national tech companies like Google, Facebook, Amazon, and Apple will pay billions of dollars in additional taxes as a result of the Supreme Court’s recent…
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4 ways to be a more agile firm
Change is a constant, which means agility is essential. Firms have to adjust to a new generation of accountants, deal with unprecedented tax laws changes,…
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Simple steps to cut hours on your audits
Want to cut hours on your audits? Take these simple steps: 2020 is shaping up to be quite the year, and that is an understatement. While…
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Fill the Gap in Your Audit Practice
What’s Next? As we move past the extended busy season many auditors are looking forward to catching their breath. This year has challenged firms in…
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