2020 NFP Update Part 2 – Accounting Update
On June 30, 2020, Cerini & Associates, LLP, a leader in providing accounting and auditing services to nonprofits, held their annual Nonprofit Update conference … virtually.
This year’s program featured two tracks:
•The impact of COVID-19 and the CARES Act on the Sector; and
•Moving to a Virtual World
The Financial Accounting Standards Board has issued guidance impacting the nonprofit sector. Learn about the status of these pronouncements, which have been pushed off, how to account for your PPP loan forgiveness, and additional concerns and disclosures that arose thanks to the pandemic.