The Main Street Loan Program has changed significantly since our original description of the program when it was under discussion in April.

Accounts payable management seems to be causing the most stress for companies and their employees right now.

Each month we will be posting an overview article that covers our recent company articles, announcements, and insights. Below is for April.

Be alert that there will be additional scrutiny for any PPP loan over $2 million prior to forgiveness.

Considering working capital and cash management with the backdrop of the coronavirus is complicated. Let’s work through a few examples.

Under the CARES Act, small businesses have access to the Payroll Protection Program (“PPP”) which is expected to receive additional funding

We all want to return to normal as quickly as possible. The question is what does normal mean and how can the return be financed?

We discuss creative accounting methods related to the Payroll Protection Program, specifically the CARES Act’s payroll tax deferral program

Last week we discussed the income statement. This week, we will discuss the accounting for the PPP funds and working capital management.

Companies are quite creative when it comes to accounting for unusual items such as the Payroll Protection Program. What will you likely see?