CECL – Accounting Standards Codification Topic 326, Financial Instruments – Credit Losses

The adoption of the Current Expected Credit Losses, or CECL, took effect for calendar year Public Business Entities (PBEs) on January 1, 2020.

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Impairment Testing During the COVID-19 Pandemic

The COVID-19 pandemic is causing unprecedented disruptions in business processes and productivity along with a dramatic reduction in consumer spending, which has negatively impacted companies’ financial performance.

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The Coronavirus Aid, Relief, and Economic Security (CARES) Act

How will it impact you?  The third phase of relief to American individuals and businesses was enacted through the signing of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

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Accounting Considerations During Uncertain Economic Times

We at CFGI hope everyone is staying healthy and safe.

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Where are we going and how will we get there?

Download the free CECL roadmap

Senate Approves Families First Coronavirus Response Act and Other Stimulus Actions

How will it impact you?  On March 18, 2020, the U.

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Reassessing Your 13-Week Cash Flow in the Face of COVID-19

As the world reacts to coronavirus’s pandemic status with travel bans, event cancellations and ceasing business operations, companies may want to start reassessing their 13-week cash-flow model.

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4 Steps Management and Audit Committees Should Take to Address Coronavirus Concerns

Every day brings new developments regarding the novel coronavirus as the crisis worsens and reaches pandemic proportions.

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CFGI + Cradles to Crayons = 65 Cozy Kids

Every year, Cradles to Crayons makes life a little better for tens of thousands of children living in low-income situations.

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