MaloneBailey, LLP
Certified Public Accounting Firm
On August 4, 2020, SNN Network Virtual Conference held its webinar titled, COVID19 Impact: What's Next from An Accounting Perspective. This webinar is a follow up to an April 2020 webinar that first discussed the impact of COVID19 from an accounting perspective. Key themes covered in the August 2020 webinar include:
- New guidance on the PPP loans
- The potential, new stimulus package
- Unplanned rent and other business concessions due to the pandemic
- Restructuring debt & debt covenant issues
- The impact of the pandemic on disclosures
- Working remotely: registrants and CPA firms
- Financial statement presentation
- Impairment of assets and goodwill
- Forward looking statements
- SEC Division of Corporation Finance's updated guidance on Topic 9 (3/25/20) and Topic 9-A (6/23/20)
- New pronouncements: Management's assertions on disclosures; new regulations regarding critical audit matters (CAMs)
- Potential relief for upcoming filing deadlines
Click on the image below to hear perspectives from Steven Vertucci, Audit Partner at MaloneBailey, David Grossman from Marcum LLP, Corey Fischer from Weinberg & Company and Ed Schenkein from SingerLewak LLP. The panel is moderated by Neil Levine from Friedman LLP.