The Continued Impact of COVID on Accounting and Auditing (LIAA30/23)
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 20,000 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.
Ideal for CPAs in industry and public accounting dealing with the impact of COVID-19
- Identify the impact of COVID-19 on Single Audits
- Recognize the impact of COVID-19 on financial reporting
- CARES Act
- Single Audits
- Remote work