Financial Accounting in a COVID-19 World

Description

This program addresses the many business financial accounting issues impacting CPA practice with a world in crisis. The unique financial reporting and planning challenges facing practitioners are related through actual practice situations – and then analyzed for their reporting implications.

Highlights

• “Real-life” case study examples – practice issues CPAs are dealing with in these extraordinary times.
• Accounting for PPP loan forgiveness
• Review and update of numerous GAAP topics and their impact on economic crisis financial reporting
• Review and update of lease accounting rules
• Review and update of AICPA, FASB, and SEC pronouncements related to COVID-19
• Planning for financial statement preparation in times of crisis

Objectives

• To provide an exploration of numerous practical financial reporting situations caused by the COVID-19-related economic crisis.
  

Designed For

CPAs in public practice seeking an update on the latest financial accounting developments affecting business and related to COVID-19 economic stress.