Accounting hot topics for federal COVID-19 programs
Resources
AICPA logo
Cart
searchSearch
search
burger
AICPA logo
  • Home
abstract wireframe landscape
Resources

Accounting hot topics for federal COVID-19 programs

Oct 30, 2022 · 4 min read

SECTION

EXCLUSIVE

The past two years have seen unprecedented federal funding flowing to not-for-profit entities (NFPs) for COVID-19 relief. The variety of forms this funding comes in has raised questions and challenges for NFPs and their auditors regarding accounting and financial reporting. This article discusses common federal funding programs used by NFPs and resources currently available to help with the associated accounting issues.

Paycheck Protection Program (PPP)

Issue

PPP funding is structured as a loan from a financial institution accompanied by a

Reserved for NFP Section members

Already an NFP Section member?

Log in with your AICPA account
 
Forgotten email
Forgotten password

Not an NFP Section member?

Discover the benefits of AICPA membership and Not-for-Profit Section member. To gain access to exclusive content, your first step is to join the AICPA.

Related content