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AICPA Dealership Conference 2020


AUT2015 - A&A Update


Oct 23, 2020 1:25pm ‐ Oct 23, 2020 2:15pm

Standard: $49.00

Description

The Accounting and Assurance (A&A) Update will cover recently issued accounting, reporting and auditing standards and other guidance that may affect your business. We will provide general information on happenings from FASB and AICPA. This session will touch on COVID-19 accounting considerations as well.

Learning Objectives:
  • Identify items to be considered from the impact of COVID-19, specifically accounting options related to debt forgiveness under the CARES Act/PPP loans, impairment of assets and revenue recognition.
  • Outline the new effective dates of the lease standard and other standards that are currently delayed by the FASB.
  • Identify key accounting issues that are typically encountered in the automotive industry.

Speaker(s):

Category: Concurrent Session (Online)

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