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.

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

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.

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Heather Horn

Heather Horn

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

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David Schmid

David Schmid

International Accounting Leader, National Professional Services Group, PwC US

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