5 Steps to Assess and Address the SEC’s Statement on SPAC Warrants
On April 12, 2021, the SEC issued a statement on the accounting for certain warrants issued by special purpose acquisition (SPAC) companies.
How to Account for Forgivable Loans Under the Paycheck Protection Program (PPP)
The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides relief for certain qualified entities in the form of guaranteed loans offered under the Paycheck Protection Program (PPP).
CECL – Accounting Standards Codification Topic 326, Financial Instruments – Credit Losses
The adoption of the Current Expected Credit Losses, or CECL, took effect for calendar year Public Business Entities (PBEs) on January 1, 2020.
Accounting Considerations During Uncertain Economic Times
We at CFGI hope everyone is staying healthy and safe.