WFY Audit Talk - Accounting for PPP Loans

12/02/2021 5 min
WFY Audit Talk - Accounting for PPP Loans

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Episode Synopsis

The WFY Podcast
WFY Audit Talk: Accounting for PPP Loans

As companies are preparing their year end financial statements, there is confusion on how the PPP loan should be presented when debt forgiveness was not received as of year end. In this episode of WFY Audit Talk, Managing Partner Jeff Myers and Senior Audit Partner Cyndi LeBerthon will explore the four methods available to private companies and discuss any potential risks associated with each available treatment.

Jeff Myers, CPA
Managing Partner and Senior Audit Partner
Wright Ford Young & Co., Irvine, CA
See Profile: https://www.cpa-wfy.com/about-us/practice-leaders/jeff-myers/

Cyndi LeBerthon, CPA
Senior Audit Partner
Wright Ford Young & Co., Irvine, CA
See Profile: https://www.cpa-wfy.com/about-us/practice-leaders/cyndi-leberthon/

Click the link to learn more about Wright Ford Young & Co.:
www.cpa-wfy.com

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LinkedIn: Wright Ford Young & Co.
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