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PPP: Guidelines and Strategies to Apply for Forgiveness

PPP: GUIDELINES AND STRATEGIES TO APPLY FOR FORGIVENESS

Cost Free
Presentation Length 1.5 hours

Recorded DateNovember 4, 2020
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaFinance
Course LevelBasic
Course Description

The Payroll Protection Program (PPP) provided a lifeline for millions of small businesses during the economic turmoil brought on by the novel Coronavirus. However, as the period through which the funds must be spent on eligible expenses winds to a close, borrowers are shifting focus to the forgiveness application process, documentation requirements, and timing considerations. With the expectation of continued guidance from Congress and the Small Business Administration, it’s essential to strategize and adequately prepare before submitting your application to the lender. 

Join Corinna Creedon, Managing Director at BKD CPAs & Advisors and head of its NY Office CARES Taskforce, to hear the latest updates on PPP. We will discuss what we see as early adopters go through the forgiveness application process and top considerations your finance team should be aware of.

Learning Objectives:


  • List the main provisions of the PPP

  • Identify the latest updates to the PPP Forgiveness process

  • List what timing and documentation considerations should be made before submitting the Forgiveness application

  • Recognize how an Agreed-Upon Procedures report benefits specific PPP borrowers

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Corinna Creedon

FORVIS
Managing Director | New York Office Advisory Services Practice Leader
corinna.creedon@forvis.com

Forvis

Corinna is a Managing Director in the New York City office of FORVIS, where she leads its Advisory Services and Emerging Outsourced Accounting Services practices.

Corinna brings over 25 years of experience as a finance executive, where she has provided interim- and outsourced-CFO services to a wide range of companies.  Well-known for her strong project management skills and providing unmatched client experiences, Corinna is widely regarded for her ability to quickly assess an organization’s needs and execute engagements in a timely manner.  She excels at leveraging technology to automate and enhance efficiencies, and redesigning accounting departments to provide for effective internal controls over financial reporting processes which also support the strategic plans of the organization.  

She is a frequent speaker at regional and national conferences.  Prior to joining FORVIS, Corinna ran her own consulting practice, specializing in outsourced and interim CFO engagements, special projects, and PMO engagements.  Corinna began her career in audit at Deloitte and then moved into the private sector and nonprofit arena serving in finance executive roles.

She holds dual degrees in accounting and international business from NYU Stern School of Business and is a licensed CPA in New York.

She is a member of the American Institute of CPAs and the New York State Society of CPAs.  

She has also been honored as one of Crain’s New York’s Notable Leaders in Accounting and Consulting in each of 2020, 2021 & 2022.

About Our Presenter

Forvis

FORVIS, LLP is a professional services firm providing assurance, tax, and advisory services. Created by the merger of equals of BKD, LLP and Dixon Hughes Goodman LLP (DHG), FORVIS is driven by the commitment to use our forward vision to deliver Unmatched Client Experiences™. Ranked among the top 10 public accounting firms in the country, FORVIS has 5,500 dedicated professionals who serve clients in all 50 states as well as across the globe. FORVIS is built upon the strong legacies of BKD and DHG, which are reflected in a name that comprises partner initials and represents our unique focus on preparing our clients for what is next. Visit FORVIS.com for additional information.