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Learn MoreFrom product consolidation, to remote workforce technology, to novel types of investing — 2020 is a year of change that promises to flow into 2021 and beyond. Below are nine trends we are watching in the investment industry. 1. Product Rationalization and Consolidation Most asset managers...
Read MoreToday’s economic and regulatory environment is like no other. However, as businesses face significant challenges, there are also areas of opportunity — if you know where to look. As editor of the AICPA’s Tax Adviser August Tax Clinic, a special section in the professional journal that brings...
Read MoreCOVID-19 has upended the world, and commercial real estate hasn’t been immune from the effects. As offices, hotels, restaurants and many retail stores and malls sat empty — and activity in warehouses escalated in response to the surge in e-commerce — COVID-19 has radically altered the industry’s...
Read MoreThe remote work environment many of us find ourselves in due to COVID-19 is a radical change for many organizations. There’s productivity, morale, human resource issues and a host of other considerations to be mindful of and proactively manage as a business leader. One of those key considerations...
Read MoreThe Main Street Lending Program was introduced in April as part of the CARES Act to provide expanded relief for small and medium sized businesses. The $600 billion lending facility runs through banks and offers four-year loans to eligible borrowers. On July 17, 2020, the Federal Reserve released...
Read MoreThe pace and intricacies of regulatory change in the investment industry are, at times, nothing short of overwhelming. Yet, organizations in this space need to have a clear understanding of evolving regulations, their timing and overall impact. To help you stay up to date, below is Cohen &...
Read MoreThere are options for accounting for your company’s PPP loan, depending on what makes the most sense for your organization.
Read MoreIf you’ve been involved in preparing your organization’s SOC report, you likely have come across the section that discusses “subservice organizations” and “complementary subservice organization controls” (auditors call these “CSOCS” for short). You may have even been tasked with the responsibility...
Read MoreAs we head into the second half of a very tumultuous 2020, your professional service firm may be asking, “Where do we go from here?” Hopefully you have been able to battle through the unexpected and sudden impact COVID-19 has had on nearly all businesses and their clients. In the back of your...
Read MoreIn response to COVID-19, many entities have reduced employee headcount to remain in business. As a result, it’s more important than ever to understand how to account for termination benefits. This includes carefully considering which types of benefits are being provided and the overall timing of...
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