GOV2120. COVID-19 Funding: Accounting and Audit Issues

The COVID-19 pandemic brought with it unique accounting and financial reporting questions and an influx of federal funds. This session will bring you up to date on the GASB's COVID-19-related activities and guidance. We'll also dive into the single audit questions, changes, and issues that have arisen from the new federal programs.

Learning Objectives:

• 1. Identify COVID-related financial reporting considerations, including where to find resources that the GASB has provided.
• 2. Determine how COVID-19 funding impacts your single audits.