PwC comments on GASB CARES Act & COVID-19 Technical Bulletin

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Comment letter , PwC US Jun 24, 2020

Read PwC’s comments on the GASB’s proposed CARES Act and COVID-19 accounting guidance.

Overview

PwC has commented on the GASB’s proposed Technical Bulletin addressing the accounting for the CARES Act and COVID-19. While supportive of the proposal, PwC requested clarification on certain of the responses related to the accounting for specific CARES Act programs and grants.

  • PwC commented on the GASB’s proposed Technical Bulletin.
  • The proposal is an FAQ on accounting for the CARES Act and COVID-19.
  • PwC also offered several recommendations for improvement.

Contact us

Heather Horn

Heather Horn

US Strategic Thought Leader, National Professional Services Group, PwC US

David Schmid

David Schmid

International Accounting Leader, National Professional Services Group, PwC US

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