Accounting and Disclosure Issues After a Natural Disaster
Overview
The repercussions from a natural disaster can be devastating. Properly accounting and reporting for the impact of those disasters can be confusing. This course will focus on some of the most FAQ related to the proper treatment of accounting for disasters in GAAP basis financial statements.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Highlights
The major topics that will be covered in this course include:
- Current and noncurrent asset impairment.
- Insurance claims and related recoveries.
- Debt and liquidity issues.
- Government assistance and relief.
- Subsequent Events.
- Lease modifcations.
- Other matters.
Prerequisites
None
Designed For
Accountants and financial professionals who need to understand how natural disasters and related insurance claims affect their assets.
Objectives
After attending this presentation, you will be able to...
- Recall evaluating long-lived assets for impairment.
- Recognize unique valuation considerations with customer receivables and inventory.
- Assess accounting and disclosure considerations related to insurance claims.
- Recognize other matters, such as lease terminations, debt compliance and more!
Preparation
None
Notice
Email w/link to webinar & materials will come from webinars@cpacrossings.com. If you do not receive email, check junk folder then contact CPA Crossings @ 877-370-2220 ext 1/webinars@cpacrossings.com
Leader(s):
Leader Bios
Jennifer Louis, Surgent McCoy Self Study
Jennifer F. Louis has more than 18 years of experience in designing and instructing high-quality training programs. In 2003, she formed Emergent Solutions Group, LLC, serving organizations by providing training services on a project-specific or part-time basis. Louis was Executive Vice President and director of training services at AuditWatch, Inc., a premier training and consulting firm serving the audit profession. She began her career at AuditWatch as Vice President of product development. Before joining AuditWatch, Louis was the financial and operational audit manager at AARP. She was also an audit manager for Deloitte & Touche LLP. During her years at Deloitte & Touche’s Washington D.C. office, she was a frequent local and national instructor. She also served as an instructor for the firm’s national “Train the Trainers” program. Louis graduated summa cum laude from Marymount University with a BBA in accounting. She is a member of the AICPA and is licensed to practice in the Commonwealth of Virginia.
Non-Member Price $129.00
Member Price $109.00