Monthly Archives: June 2020
RADNOR, PA. JUNE 24, 2020 Surgent CPE Awards Susan Smith the 2019 James L. McCoy Discussion Leader of the Year. Surgent is a leader in the field of continuing professional education (CPE) for CPAs and other financial professionals. Surgent’s Discussion Leaders lead live CPE courses, ensuring that course attendees take away the critical educational points […]
AICPA Provides Guidance for Forgivable Loan’s Received from Paycheck Protection Program (PPP)
By Surgent CPE
The AICPA issued a Technical Q&A (Section 3200) in coordination with the Chief Accountant of the SEC on the treatment of forgivable loans received under the Small Business Administration (SBA) Paycheck Protection Program. The treatment of Paycheck Protection Program (PPP) loans has caused confusion in both the for-profit community and nonprofit community. The FASB is […]
Over the past few months, the entire world has dealt with the significant impact of the COVID-19 pandemic. While potentially of a secondary concern, the aftermath of COVID-19 has also had a significant impact on the accounting and financial reporting functions of virtually all entities, for-profit and not-for-profit alike. Further, these continuing impacts of the coronavirus […]
