Financial Statement Challenges in the Covid Environment COVID-19 AFFECT ON FINANCIAL STATEMENTS
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CREDITS: 4
CATEGORY: Accounting & Auditing
SPEAKER: Prof. Kenneth Heaslip, CPA
DATE: Thursday December 14, 2023 or January 11, 2024
TIME: View Anytime Between 9:00 A.M. - 5:00 P.M. Eastern
LOCATION: Webinar Rebroadcast With Live Q&A
Post-Covid financial statements have a different look. Entities will need to evaluate and disclose many items that have not been previously considered. This program will discuss FASB rules on fair value, impairments, debt restructuring and covenants, going concern, subsequent events, the CARES act, and accounting for PPP loans. In addition, a discussion on remote engagements will focus on audits, reviews, firm procedures, and technology. This timely topic is newly developed with focus on current business struggles.
Topics & Learning Objectives Include:
- Fair Value and Impairments:
- Fixed Assets
- Leases
- Financial Instruments
- Inventory
- Goodwill
- Going Concern
- Loan Modifications and Covenants
- Troubled Debt Restructuring
- Subsequent Events
- Risks and Uncertainties
- Business Interruption
- Insurance Recovery and Presentation
- Cares Act and PPP Loans
- Social Security Tax Moratorium
- Remote Engagements
Kenneth Heaslip is one of the foremost lecturers in Accounting & Auditing. He has over 30 years of experience in lecturing on A&A topics and is currently a professor at Mercy College.