Here are five ways the latest round of the Paycheck Protection Program is different. | PwC reports improvement in audit quality → | | By Michael Cohn 3 min read | | PricewaterhouseCoopers released an update Tuesday to its annual audit quality report for the firm, pointing to improvements on inspection results from the Public Company Accounting Oversight Board. | |
| The new Form 1099-NEC → | | By Daniel Hood | | Companies and their advisors will want to make sure they're up on what's reported on the form, how it's changing the 1099-MISC, and the state-reporting wrinkles that go along with it, says Janice Krueger of Greatland. | |
| Advantage of the rookie mindset → | | By Kyle Walters 4 min read | | Sometimes having a fresh set of eyes — a beginner’s mind — gives you a better perspective on tackling tough problems at your organization. | |
| How to build a more diverse, inclusive accounting firm → | | By Jody Padar 4 min read | | As more accounting firm leaders get a better understanding of how to transform their practices, they begin to realize that in order to achieve greatness, they absolutely must have a diverse team. | |
| In the blogs: Asked and answered → | | By Jeff Stimpson 2 min read | | Ignoring conflict; SALT substitute; your own organizers, cheap; and other highlights from our favorite tax bloggers. | |
| Biden’s Wall Street watchdogs signal new era of tough oversight → | | By Ben Bain, Jennifer Epstein and Robert Schmidt 6 min read | | President-elect Joe Biden’s team of financial regulators is taking shape, with progressive favorites being chosen for the top jobs at the Securities and Exchange Commission and the Consumer Financial Protection Bureau — moves that mean Wall Street should prepare itself for a new era of tougher oversight and stricter rules. | |
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