Posts by Matt Wise
Introduction to Aprio PPP Loan Forgiveness Services
The Aprio PPP team is committed to helping borrowers navigate the loan forgiveness process with ease and accuracy. To learn more check out our PPP Loan Forgiveness Service Page or contact Matt Wise, Partner-in-Charge, Assurance Services.
Read MoreThe Remote Audit: Your New Normal
The COVID-19 pandemic caused us to rethink the way we work, and as a result, the way we work with our business partners. While remote audits are not a new practice, what may be news to you is that your flexible working arrangements can extend beyond how you work with your team to how you…
Read MoreDo we “NEED” the PPP loan? Demonstrating and documenting need
Under general SBA lending guidelines, a borrower of SBA funding must show that they were unable to obtain credit elsewhere. However, the CARES Act suspended this requirement. Although the requirement is suspended for PPP applications, the borrower must certify that the current economic uncertainty makes this loan request necessary to support the ongoing operations of…
Read MoreWill Financial Statements Require Disclosures Related to COVID-19?
Due to the uncertainty caused by COVID-19, business owners and executives should be keenly aware of the additional disclosures or adjustments required to financial statements not yet issued. It may be appropriate to include additional disclosures in the financial statements due to the already known business interruptions that are occurring and the projected impacts on…
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