NAA2211. Auditing COVID Relief Government and Private Grant and Loan Assistance Program Funding
To submit a question or participate in polling, click the link above. This course is designed to obtain an understanding of the proper accounting, audit and tax implications for businesses receiving COVID related government assistance program funding.
Learning Objectives:
- Recall a general understanding of the Cares Act and Consolidated Appropriations Act, 2021
- Recognize the accounting and financial reporting implications of government assistance funding programs, including the Payroll Protection Plan (PPP) loan and EIDL
- Determine the audit requirements associated with pandemic relief funding
- Identify the tax implications regarding pandemic relief funding
Date/Time
–
CPE Credits
1.5
NASBA Field of Study
Auditing
Level
Intermediate
Prerequisites
3-5 years in the profession
Advanced Preparation
None