EPISODE · Jun 1, 2020 · 58 MIN
Earnings Before Interest, Taxes, Depreciation, Amortization, and Coronavirus
from The Accounting Podcast · host Blake Oliver & David Leary
SponsorsBill.com: https://cloudaccountingpodcast.promo/billJirav: https://cloudaccountingpodcast.promo/jiravJustworks: http://cloudaccountingpodcast.promo/justworksLinksCOVID Recovery TrackerCOUNTY-BY-COUNTY TRACKER FOR DAY-BY-DAY TRACKINGhttps://learn.armaninollp.com/covid-recovery-tracker/Show Notes07:56 – House Passes PPP Loan Forgiveness Bill, Treasury Issues Harsh Forgiveness Regulations—What You Need To Know – Forbes 10:52 – Relief Aid Stalls With Small Businesses Returning Loans Unused – Bloomberg Tax 11:35 – Overwhelming majority of publicly traded firms have not returned small business loans: review – The Hill 12:21 – SEC Is Scrutinizing Public Companies Granted Virus Relief Funds - Bloomberg14:03 – Devos sued over seizure of student tax refunds amid pandemic – Accounting Today 15:27 – COVID Recovery Tracker - COUNTY-BY-COUNTY TRACKER FOR DAY-BY-DAY TRACKING - Armanino17:42 – WA Man Charged With Seeking Fraudulent PPP Loans - PYMNTS.com 18:51 – BoA Experiences Potential Data Breach With PPP - PYMNTS.com 20:37 – Virus Accounting Maneuvers Criticized by European Authorities – Bloomberg Tax21:36 – CFO Signals™: Q2 2020 Reopening for Business, but Near-Normal Operating Levels Not Expected Until Next Year - Deloitte23:01 – How companies are becoming creative with accounting during the COVID-19 pandemic – MarketWatch24:51 – Pathways to Growth: Press ‘Shift’ and prepare to pivot – Accounting Today 28:23 – How we Pre-Billed 100% of our PPP Work and Still Sleep at Night - Medium 30:08 – Layoff Watch ’20: Deloitte Has Begun Performance-Related Separations – Going Concern32:36 – Despite Working More Hours, Professionals Say They Hope WFH Stays Post-Coronavirus– Going Concern34:10 – For Many, Remote Work Is Becoming Permanent in Wake of Coronavirus – WSJ36:49 – Remote Work Could Spark Housing Boom in Suburbs, Smaller Cities - WSJ38:31 – Planet Money : Small America Vs. Big Internet on Apple Podcasts – Planet Money39:41 – The state tax nexus implications of working from home – Accounting Today41:25 – A Surprising Number of Professionals Are Going Pantsless on Video Conference Calls - Going Concern42:51 – Coronavirus Survey Results: 42% of Employees Drinking While Working from Home - Fishbowl44:02 – Apple adds Quicken and QuickBooks format options to export Apple Card data - Appleosophy 45:10 – Set up and Manage Time Off in TSheets – Intuit QuickBooks46:47 – Stackin’ raises $12.6M Series B to help millennials navigate the crowded fintech space - TechCrunch50:18 – AICPA Offers Free Online Accounting Learning Tools for High School Students – CPA Practice Advisor 53:58 – Don’t toss that junk mail in the recycling bin just yet — it might contain your stimulus check in the form of a prepaid debit card - MarketWatch Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessities
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What this episode covers
Uber tries the EBITDAC maneuver with its latest numbers, adding back expenses due to coronavirus; a case study of a firm that grew 15% during the last recession — what accounting firms today can learn from Grassi & Co.; the House passes a bill loosening the restrictions on PPP money for small businesses; despite working more hours, professionals say they prefer to continue working from home after the pandemic is over; Deloitte plans to lay off 5% of staff, and more.
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Earnings Before Interest, Taxes, Depreciation, Amortization, and Coronavirus
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