COVID-19 Resource Center

COVID-19 Updates

How to report COVID-19-related debt restructuring

Today, many banks are working with struggling borrowers on loan modifications. Recent guidance from the Financial Accounting Standards Board (FASB) confirms that short-term modifications due to the COVID-19 pandemic won’t be subject to the complex accounting rules for troubled debt restructurings (TDRs). Here are the details. Accounting for TDRs Under...
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On-time financial reporting is key in times of crisis

Many companies are struggling as a result of shutdowns and restructurings during the COVID-19 crisis. To add insult to injury, some have also fallen victim to arson, looting or natural disasters in 2020. Lenders and investors want to know how your business has weathered these adverse conditions and where it...
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TJS Deemer Dana LLP & Vertisys Make ‘Georgia Safety Promise’ to Follow COVID-19 Guidelines

For Immediate Release Contact: Brittany Winegarner Phone: 478-272-2030 Email: TJS Deemer Dana LLP & Vertisys Make ‘Georgia Safety Promise’ to Follow COVID-19 Guidelines DUBLIN, August 10, 2020 – TJS Deemer Dana LLP and Vertisys announced today they are joining fellow businesses across the state in taking the Georgia Safety...
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Reopening concepts: What business owners should consider

A widely circulated article about the COVID-19 pandemic, written by author Tomas Pueyo in March, described efforts to cope with the crisis as “the hammer and the dance.” The hammer was the abrupt shutdown of most businesses and institutions; the dance is the slow reopening of them — figuratively tiptoeing...
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6 key IT questions to ask in the new normal

The sudden shutdown of the economy in March because of the COVID-19 pandemic forced many businesses to rely more heavily on technology. Some companies fared better than others. Many businesses that had been taking an informal approach to IT strategy discovered their systems weren’t as robust and scalable as they’d...
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