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PPP: Guidelines and Strategies to Apply for Forgiveness

PPP: GUIDELINES AND STRATEGIES TO APPLY FOR FORGIVENESS

Cost Free
CPE Credits 1.5 hours
CE Credits 0.0 hours
Subject Area Finance
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
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

BKD
Managing Director | New York Office Advisory Services Practice Leader
ccreedon@bkd.com

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Corinna Creedon is a hands-on executive-level finance professional with a proven track record in the accounting field across many industries. She brings to the table a broad-based background in external and internal reporting. She has proven ability as an outsourced and interim CFO with experience in oversight of accounting staff, preparation of annual, quarterly financials and other reporting for use by the C-suite, reporting to the Board of Directors, as well as advising clients on strategic decisions such as seeking outside investments and running the resulting due diligence efforts. This work is in addition to valuable Sarbanes Oxley and compliance experience. She also has valuable productivity, process, and infrastructure improvement skills. She has served as PMO for various multi-national and cross-departmental projects. Further, her research skills have allowed her to author many whitepapers on various topics for clients.

Frequently Asked Questions
  • To receive CPE credit, you must register for the webinar before it starts.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • To receive CPE for multiple attendees, at least one person must sign up for the webinar. The post-webinar email contains a link to instructions for the proctor letter. Alternatively, you may log in to your account following the webinar and click on the MY ACCOUNT button to find a link to instructions. For paid courses, payment needs to be made for each attendee before credit will be issued.
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NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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About Our Presenter

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Our firm was founded in 1923, when three CPAs started Baird, Kurtz & Dobson with $1,700 in the bank. Today, we’re one of the largest CPA firms in the country. BKD now has more than 2,650 CPAs, advisors and dedicated staff members working together to serve you. Our expertise goes well beyond the standard accounting services to include risk management, technology, wealth management and forensic and valuation services. Our clients represent a wide range of industries, and we’re even part of an alliance of firms that gives us a global reach.