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.

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

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.

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

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.

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!

Eric will serve as a Managing Director to complement the firm’s growing demand for its turnaround management services.