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.

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.

Paycheck Protection Program Reopens; ACI Clients Receive Loan Approvals

May 4, 2020

The SBA-backed Paycheck Protection Program (PPP) reopened on April 27, 2020 with $320 billion in additional funding.

More than 75% of ACI’s clients who have applied under PPP have obtained official SBA loan numbers this past week.

Financial Accounting Resources & News

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

Paycheck Protection Program Reopens; ACI Clients Receive Loan Approvals

FINRA Plans BrokerCheck Changes, Remote Exams – www.ThinkAdvisor.com

Jay Gettenberg Becomes A Member of the FINRA District 10 Committee

FINRA is looking to help small Broker-Dealers Survive & Thrive

ACI’s Jay Gettenberg Nominated for FINRA District 10 Committee Membership