CECL: A fresh look at FASB’s new credit loss standard

COVID-19, like no one single event in recent years, has starkly brought to attention the need for most, if not all functions across the enterprise to be agile and tech-enabled in order to transcend beyond survival and, more importantly, to thrive in our post-pandemic reality.

To help internal auditors remain vigilant regarding cyber risk both during and after the COVID-19 pandemic, this paper examines many of the situations that require heightened awareness.

If you have ever met me, you will know that I am a voracious reader. I particularly like to keep up with trends in technology, business, and more importantly with Internal Audit.

The CARES Act includes a provision allowing an eligible individual to take a coronavirus-related distribution(s) from certain retirement plans (including IRAs) through December 30, 2020. In addition to favorable tax treatment on the distribution, the law allows amounts to be repaid to certain retirement plans within three years after having taken the distribution(s). This article has been updated as a result of the IRS’s release of Notice 2020-50 on June 19, 2020.