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.
Delivery Method: Individual webcast
CPE Credit: Accounting
Program Level: Basic
This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by CPA Crossings.
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
Leader(s):
Leader Bios
Jennifer Louis, Emergent Solutions Group, LLC
Jennifer F. Louis, CPA has over 25 years of experience in designing and instructing high-quality training programs in a wide variety of
technical and "soft skills" topics needed for professional and organization success. In 2003, she founded Emergent Solutions Group,
LLC, where she focuses her energy on designing and delivering high-quality, practical, and engaging accounting and auditing training.
She was most recently Director of Audit Product Development at Surgent Professional Education, and prior to that served as
Executive Vice President/Director of Training Services at AuditWatch, Inc., a highly-respected training and audit process consulting
firm. Before joining AuditWatch, Jennifer was the Financial/Operational Audit Manager at AARP. At the start of her professional
career, Jennifer was an Audit Manager for Deloitte & Touche LLP, where she frequently served as a local and national instructor.
Jennifer graduated summa cum laude from Marymount University with a BBA-Accounting. Besides loving life on the lake with her
husband in Charlotte, NC, she enjoys hiking with her little dog Frodo Beggins, and savoring any precious moments spent with her two
young adult boys.
Non-Member Price $89.00
Member Price $89.00