Financial reporting

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Get ahead of changing – and challenging – requirements

It’s hard to keep up with the changing guidance specific to your industry. From regulatory updates to COVID-19’s potential effects on financial reporting, we can see patterns in the market that can help your team.

It’s never been more important to consider high-quality financial reporting you can count on. Let our deep, industry-focused expertise guide your company through the financial implications of COVID-19 and beyond.

How to get on top of going concern assessment during COVID-19

Understand why the financial reporting steps for going concern are more important than ever.

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Our advisers are here to assist you anytime, from anywhere

We match our passion for specialized expertise with equally exceptional service.

Remote workforce

Need to work with us remotely? No problem. We are experienced with providing outstanding virtual service.

Access our thought leaders

Our specialists, including top executives, are always available to answer your questions related to Paycheck Protection Program loans, debt modification, asset impairment, going concern, and more.

Tap into our industry-specific expertise

We can help you identify financial reporting implications, opportunities, and next steps relevant to your industry.

Explore our financial reporting solutions

See our specialized financial reporting solutions to address the situations your business may find itself in because of COVID-19’s economic impact.

Accounting for government assistance

The Paycheck Protection Program process is constantly changing and can be confusing. Access our PPP consulting services and borrower and loan forgiveness tools for lenders.

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Impairment

Has the current environment triggered a need for your company to test goodwill for asset impairment? We can help you identify recoverable amounts, calculate carrying values, and prepare disclosure statements.

Contract modifications

Whether you’re a borrower or a lender, we can help you address financial reporting implications of any loan modifications your company might have made during COVID-19.

CARES ACT reporting tool

There is so much to report on and time — and accuracy — is of the essence. Track, manage, consolidate, and report on CARES Act funds in one secure platform.

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Browse financial reporting insights

Accounting for nonfinancial asset impairment

Learn more about triggering events, testing order, and other accounting considerations for nonfinancial assets.

• Solutions o Impairment and debt modification missing links – pages not built yet • Incorporate review feedback (10/5) o Contacts – 4 were suggested with copy (see content doc), we could not accommodate this so there may be push back

How to get on top of going concern assessment during COVID-19

Financial disclosure statements are important during the best of times. Learn why a going concern assessment is critical now during COVID-19.

Financial reporting considerations: Evaluating accrued interest receivable on loan deferrals

Evaluate accrued interest receivable on loans deferred in response to COVID-19.

Find an easier way to manage CARES Act reporting

The Crowe CARES Act Reporting Tool makes it easy for you and your team to track, manage, consolidate, and report CARES Act money.

Going concern: 15 questions to ask during COVID-19

What is ASU 2014-15 and how does it help you prepare for a going concern assessment during COVID-19? Learn 15 questions management should be asking.

Triggering events and asset impairment - what you need to know

This webinar recording focuses on evaluating and accounting for asset impairment.

ASU 2020-06: A solution for certain convertible instrument complexities

The FASBs Accounting Standards Update 2020-06 significantly changes how convertible instruments will be accounted for under U.S. GAAP.

Navigate the accounting for government assistance

Follow these steps to determine how best to account for government assistance, including PPP loans.

Healthcare entities: Accounting and income tax implications of COVID-19

Crowe thought leaders help healthcare leaders learn what it takes to successfully navigate the financial reporting impact of the COVID-19 crisis.

How to assess – not guess – goodwill impairment caused by COVID-19

These four best practices will help you correctly assess, not just guess, your goodwill impairment.

Coronavirus: Governance, Operational, Financial Reporting, and Tax Considerations

Entities should evaluate their governance of operational responses, financial reporting obligations, and tax issues as the COVID-19 spreads.

Accounting for nonfinancial asset impairment

Learn more about triggering events, testing order, and other accounting considerations for nonfinancial assets.

How to get on top of going concern assessment during COVID-19

Financial disclosure statements are important during the best of times. Learn why a going concern assessment is critical now during COVID-19.

Financial reporting considerations: Evaluating accrued interest receivable on loan deferrals

Evaluate accrued interest receivable on loans deferred in response to COVID-19.

Find an easier way to manage CARES Act reporting

The Crowe CARES Act Reporting Tool makes it easy for you and your team to track, manage, consolidate, and report CARES Act money.

Going concern: 15 questions to ask during COVID-19

What is ASU 2014-15 and how does it help you prepare for a going concern assessment during COVID-19? Learn 15 questions management should be asking.

Triggering events and asset impairment - what you need to know

This webinar recording focuses on evaluating and accounting for asset impairment.

ASU 2020-06: A solution for certain convertible instrument complexities

The FASBs Accounting Standards Update 2020-06 significantly changes how convertible instruments will be accounted for under U.S. GAAP.

Navigate the accounting for government assistance

Follow these steps to determine how best to account for government assistance, including PPP loans.

Healthcare entities: Accounting and income tax implications of COVID-19

Crowe thought leaders help healthcare leaders learn what it takes to successfully navigate the financial reporting impact of the COVID-19 crisis.

How to assess – not guess – goodwill impairment caused by COVID-19

These four best practices will help you correctly assess, not just guess, your goodwill impairment.

Coronavirus: Governance, Operational, Financial Reporting, and Tax Considerations

Entities should evaluate their governance of operational responses, financial reporting obligations, and tax issues as the COVID-19 spreads.

Our team of financial reporting specialists is here to support you

Crowe is committed to providing exceptional service. With nearly 80 years of experience and more than 4,000 employees, we’ve weathered the most daunting economic conditions of the past century. We believe that high-quality financial reporting – specific to your company’s situation and industry – is more important now than ever.

Regardless of whether you are an existing client or not, we are available to help answer your questions any time. We look forward to assisting you.

Steve Schumacher can answer your questions about asset impairment.
Sean Prince can consult about accounting for government assistance and financial reporting implications of debt modification.
Andrea Meinardi can respond to a wide range of other financial reporting questions.

Steven Schumacher

Partner

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Sean Prince

Managing Director

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Andrea Meinardi

Partner

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