Applying the liquidation basis of accounting in EBPs
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Applying the liquidation basis of accounting in EBPs

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Most businesses are created and managed with the goal of operating as a going concern. However, a business can get to a point where the best option for its stakeholders is for the entity to cease operations, liquidate its assets, and settle its obligations. With the spread of the coronavirus pandemic (COVID-19), many entities will need to assess the financial and business repercussions of the pandemic on their operations.

In part I of this series, we cover the basics of

Download the Liquidation basis Accounting

File name: CPEA-liquidation-basis-accounting.pdf

Download the Liquidation basis for EBPs

File name: CPEA-liquidation-basis-EBP.pdf

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