The global accounting giant ordered 6000 staff in its Oceania operations on Monday to not come into the office and instead work from home for the next two weeks. #Accounting dailymail.co.uk/news/article-8…

Virtually every CFO is seeing some impact from the coronavirus, and more than half see the potential for a significant impact on their business operations, according to a new survey from PricewaterhouseCoopers. #coronavirus #Accounting accountingtoday.com/news/cfos-expe…

It’s been widely expected that the IRS would postpone the upcoming April 15 tax deadline, but that has not officially happened yet. AccountingWEB #Accounting

ScS has seen its half-year interim revenue rise despite a low level of consumer confidence surrounding the Covid-19 situation. #corona #accounting retailgazette.co.uk/blog/2020/03/s…

An accounting rule introduced after the global financial crisis faces its first big test as banks seek relief in the face of government calls to keep coronavirus-hit borrowers afloat. #coronavirus #accounting m.marketscreener.com/BARCLAYS-PLC-9…

The International Accounting Standards Board (IASB) has voted to defer the effective date of IFRS 17 insurance contracts to January 1st, 2023. #Accounting reinsurancene.ws/industry-playe…

“We welcome the decision to postpone the effective date of IFRS 17 and to extend the exemption currently in place regarding the application of IFRS 9 – financial instruments – to 2023. #Accounting actuarialpost.co.uk/article/issues…

The chairman of the Federal Deposit Insurance Corp. on Thursday urged an accounting rule maker to make delays or exceptions to certain accounting rules to help financial institutions tackle the fallout from the coronavirus pandemic. #coronavirus wsj.com/articles/fdic-…

Leaders from the global CPA and Accounting Industry will hold a joint Livestream to help address key questions and share insights with the accounting community. #Accounting finance.yahoo.com/news/cpa-accou…

Six banking regulators on Sunday offered accounting relief to banks facing an onslaught of customer requests to extend loan terms or reduce interest rates due to the new coronavirus pandemic. #corona news.bloombergtax.com/financial-acco…

Global banking regulators are in talks about easing an accounting rule to avoid lenders facing ballooning provisions for loans to companies struggling in the coronavirus pandemic, a source directly involved in the discussions said on Friday. #Accounting finance.yahoo.com/news/regulator…

The Financial Accounting Standards Board has come under pressure to relax its credit losses standard as banks and other financial institutions see the value of their assets plunging from the sell-off in the capital markets amid the coronavirus pandemic. accountingtoday.com/news/fasb-may-…

Columbus achieved 2019 results in line with guidance even though the US business did not perform satisfactorily. The positive development continued in the first two months of 2020. #accounting #corona finance.yahoo.com/news/2019-resu…

AccountingWEB recognizes your struggles at this difficult time and as a business ourselves, our goal is always to provide you with practical, useful information that can in some way improve or support your professional lives. AccountingWEB #coronavirus

The measures include moratoria on repayment of loans and have an impact on the calculation of expected credit losses in accordance with IFRS 9. #Accounting #coronavirus esma.europa.eu/press-news/esm…

In a profession that is typically relatively predictable, suddenly we are all trying to remain flexible, figure out how to work remotely, and determine just what needs to be communicated and to whom. #Accounting #corona accountingtoday.com/opinion/commun…

Investment trusts should also benefit from breathing space on IFRS 9 reporting rules, amid the coronavirus outbreak. #accounting #IFRS #corona p2pfinancenews.co.uk/2020/03/26/alt…

Goodwill in accounting – an intangible asset that is recorded when a buyer acquires a business – has risen up the political agenda on both sides of the Atlantic. #Accounting cityam.com/goodwill-hunti…

Accounting practitioners in Canada, like every other professional and business, have been greatly affected by the coronavirus social distancing measures now in place around the globe that have resulted in major disruption to both personal and work lives. canadian-accountant.com/content/practi…

The United States has given banks a two-year break from provisions for loans soured by the coronavirus pandemic, seeking to keep credit flowing while borrowers struggle to stay afloat as economic activity grinds to a halt. #accounting #corona reuters.com/article/us-hea…