Financial Accounting Resources & News

Our expert team keeps up on the latest filings from the SEC, FINRA, and the IRS to ensure our clients can efficiently minimize costs and risks while simultaneously maximizing reporting accuracy.

Focused on Safety, ACI Pushes Office Return to September

June 29, 2020

Like many of you, ACI has been weighing when to return to the office as New York City approaches Phase 3.

Our original plan was to implement a partial return on July 6th. After discussing amongst our staff and weighing the consequences, we have decided to hold off until at least September.

As Economy Reopens, ACI Returns to Office with Safety at its Forefront

June 22, 2020

Like many of our clients and colleagues, ACI is looking forward to reopening our office. We are taking into consideration how to ensure our staff remains safe and healthy, while also providing the expected highest level of service.

SBA Provides More Guidance on How to Obtain Paycheck Protection Program Loan Forgiveness

May 29, 2020

The government continues to address the concerns of small businesses who have borrowed money through the SBA-backed Paycheck Protection Program (PPP).

New guidance released over the holiday weekend offered more clarity about the conditions for loan forgiveness, while the U.S. House of Representatives yesterday passed a bill to provide more flexibility for borrowers.

New Paycheck Protection Program Guidance Eases Concerns About Repayments

May 15, 2020

This week the SBA eased PPP loan concerns through much-needed guidance. The SBA stated it would trust borrowers of less than $2 million if they stated that they needed the funding as a result of the “current economic uncertainty.”

All ACI clients who applied for a PPP loan were below the $2 million threshold, so this should mitigate the immediate concern about the potential for an SBA audit on the horizon.

Financial Accounting Resources & News

Focused on Safety, ACI Pushes Office Return to September

As Economy Reopens, ACI Returns to Office with Safety at its Forefront

SBA Provides More Guidance on How to Obtain Paycheck Protection Program Loan Forgiveness

New Paycheck Protection Program Guidance Eases Concerns About Repayments

FINRA’s 2018 Regulatory & Examination Priorities Letter

FINRA Announces SFAB, NAC and District Committee Election Results and Appointments

Broker Dealer, Investment Adviser Firm, Agent and Investment Adviser Representative, and Branch Renewals for 2018

FINRA to Streamline Competency Exams – www.FINRA.org