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2020 FASB / SSARS & SAS UPDATE & REVIEW is a 4-hour video conference led by Prof. John Armstrong, CPA. Topics include: accounting and financial reporting issues related to COVID-19 and the CARES Act including important disclosures, accounting for PPP loans and forgiveness of debt presentation, accounting for the five-year NOL carryback and modified interest expense limitation, newly issued SSARS No. 25 related to review engagements, accounting and reporting issues related to the CARES Act and the Tax Cuts and Jobs Act, ASU 2016-02 - new lease standard, ASU 2016-01 - new financial instruments standards, new credit losses standard, new auditing report standards: SAS No. 134-139, review implementation of new revenue standard and disclosures, private company changes, auditing standards update, going concern issues related to audits and review engagements, and much more. Qualifies for the 80 hour requirement for Yellow Book.
This is a live, interactive Zoom video conference with Q & A throughout the seminar.