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?

Matt will serve as Managing Director to fulfill the firm’s growing demand for its turnaround management and corporate restructuring services

Operating Cycle is the amount of time a Company needs to convert inventory to accounts receivable, to cash, then offset by accounts payable.

There are several ways the US has developed help packages already, and more are under consideration. Read more about the available options.

While the Covid-19 situation is unprecedented, the ability to work through difficult times is what we do every day. Call us and talk to us.

Can a lender know if their borrower is making money producing its annual crop? Let’s Consider Calendar Year & Crop Year Financial Statements

Out of the firm’s Chicago office, Patrick will serve as Marketing Coordinator to help develop the firm’s branding and corporate messaging.

This will certainly be a standard excuse for performance weakness that will be heard over the next year. Be prepared!