Impact and Potential Pitfalls of CARES Act / 3610 and PPP Flexibility Act on Government Contractors
Date / Time:
September 23, 2020 / 12:40 pm ET
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This panel discussion will cover key provisions of the CARES Act passed in March 2020 and the PPP Flexibility Act passed in June 2020 that directly impacts government contractors. Key topics include Section 3610, PPP Loans and related forgiveness, as well as current guidance that government contractors should understand when considering whether to request loan forgiveness. It will also cover the guidance issued by the AICPA / FASB regarding the proper accounting for PPP Loan forgiveness under US GAAP.