Accounting and Disclosure Issues After a Natural Disaster
2.00 Credits
Member Price $89
Non-Member Price $109
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.
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, Business Learning Institute
Jennifer F. Louis, CPA, has more than 18 years of experience in designing and instructing high-quality training programs. In 2003 she formed Emergent Solutions Group, LLC, serving organizations by providing training services on a project-specific or parttime basis.
Most recently, Ms. Louis was executive vice president / director of trainingServices at AuditWatch, Inc., a premier training and consulting firm serving the audit profession. She began her career at AuditWatch as vice president of product development. Before joining AuditWatch, Ms. Louis was the financial/operational audit manager at AARP.
Ms. Louis also was an audit manager for Deloitte & Touche LLP. During her years at Deloitte & Touche’s Washington D.C. office, she was a frequent local and national instructor. She also served as an
instructor for the firm’s national “Train the Trainers” program.
Non-Member Price $109
Member Price $89