Accounting Auditing COVID19 Funding (LIAA04/23)
This course will address the accounting and auditing for COVID-19 funds ranging from the CARES Act to ARP and everything in between. Attendees will address accounting issues ranging from goodwill and asset impairment to risk and uncertainty disclosures. The AICPA predicts there will be more than 10,000 new single audits due to all the federal funding related to COVID. We’ll address the impact on Single Audits including instructions in the 2021 Compliance Supplement. We’ll close with a look at remote auditing in a COVID environment.
Entities receiving federal funds and those auditing those entities
- Identify the impact of COVID-19 on Single Audits
- Recognize the impact of COVID-19 on financial reporting
- COVID Accounting
- COVID Auditing