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COVID-19 relief � CAA and CARES Act

01.29.2021 | Duration: 28:34

Understanding the financial reporting effects of recent COVID-19 relief, including the Consolidated Appropriations Act.

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Podcast overview

Professionals from our Department of Professional Practice discuss accounting, presentation and disclosure considerations of the Consolidated Appropriations Act.

Applicability

  • All entities affected by COVID-19
Insight
Coronavirus (COVID-19) tax developments
Latest tax developments related to COVID-19
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Podcast contents

  • 01:15 Paycheck Protection Program (PPP) summary
  • 04:25 Accounting for PPP
  • 08:25 Timing of accounting for PPP
  • 09:25 PPP tax items
  • 11:00 Employee Retention Credit (ERC)
  • 13:25 Accounting for ERC
  • 15:05 Background on income tax relief
  • 20:20 Accounting considerations for tax relief
  • 23:25 Other programs
  • 25:20Ìý¶Ù¾±²õ³¦±ô´Ç²õ³Ü°ù±ð²õ

Meet our team

Image of Karen Silverman
Karen Silverman
Partner, Audit, ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø LLP
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Image of Valerie Boissou
Valerie Boissou
Partner, Dept. of Professional Practice, and US-France Corridor Leader, ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø LLP
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Image of Meredith Canady
Meredith Canady
Partner, Dept. of Professional Practice, ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø US
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Image of Angie Storm
Angie Storm
Deputy Chief Accountant, Dept. of Professional Practice, ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø US
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Image of Karen Silverman
Karen Silverman
Partner, Audit, ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø LLP
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Image of Valerie Boissou
Valerie Boissou
Partner, Dept. of Professional Practice, and US-France Corridor Leader, ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø LLP
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Image of Meredith Canady
Meredith Canady
Partner, Dept. of Professional Practice, ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø US
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Image of Angie Storm
Angie Storm
Deputy Chief Accountant, Dept. of Professional Practice, ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø US
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ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø. Make the Difference.


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