NAIC Working Group Approves COVID-19 Flexibility Accounting Rules

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NAIC Working Group Approves COVID-19 Flexibility Accounting Rules

The panel, the Statutory Accounting Principles Working Group, is part of the National Association of Insurance Commissioners (NAIC). The working
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Expedia near deal to sell stake to private-equity firms

Expedia Group Inc. is in advanced talks to sell a stake to private-equity firms Silver Lake and Apollo Global Management Inc. APO, -4.74% after the widespread travel bans caused by the coronavirus pandemic ravaged the online-booking company’s business.
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IRS hits the brakes on collections in response to the coronavirus

LEA Global, an international accounting firm association also known as the Leading Edge Alliance, has appointed Anthony Szczepaniak as its CEO. By
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Wendy's Will Offer Free Drive-Through Chicken Nuggets on Friday

Striking an upbeat note in the midst of the coronavirus pandemic, Wendy’s (NASDAQ: WEN) announced today that it plans to give America a “GroupNug” — its chicken nugget equivalent of a “group hug” — with a free four-piece bag of chicken nuggets to all …
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Covid-19 Bookkeeping Part 1: How to Properly Record PPP Loans and Spending

All examples use QuickBooks as the accounting software, so modify accordingly if you or your clients use a different program. PPP Loan Income Setup –
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