The repercussions from a natural disaster can be devastating. Properly accounting and reporting for the impact of those disasters can be confusing.
DESIGNED FOR
Accountants and financial professionals who need to understand how natural disasters and related insurance claims affect their assets.
BENEFITS
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!
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
ADVANCE PREPARATION
None