Industries

Helping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That’s why KPMG LLP established its industry-driven structure. In fact, KPMG LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.

How We Work

We bring together passionate problem-solvers, innovative technologies, and full-service capabilities to create opportunity with every insight.

Learn more

Careers & Culture

What is culture? Culture is how we do things around here. It is the combination of a predominant mindset, actions (both big and small) that we all commit to every day, and the underlying processes, programs and systems supporting how work gets done.

Learn more

FRV podcast: COVID-19 relief – CAA and CARES Act

01.29.2021 | Duration: 28:34

Understanding the financial reporting effects of recent COVID-19 relief, including the Consolidated Appropriations Act.

Share
Listen now
Backward 10s Play Pause Forward 10s
0:00
00:00

Podcast overview

Professionals from our Department of Professional Practice discuss accounting, presentation and disclosure considerations of the Consolidated Appropriations Act.

Applicability

  • All entities affected by COVID-19
Insight
Coronavirus (COVID-19) tax developments
Latest tax developments related to COVID-19

Podcast contents

  • 01:15 Paycheck Protection Program (PPP) summary
  • 04:25 Accounting for PPP
  • 08:25 Timing of accounting for PPP
  • 09:25 PPP tax items
  • 11:00 Employee Retention Credit (ERC)
  • 13:25 Accounting for ERC
  • 15:05 Background on income tax relief
  • 20:20 Accounting considerations for tax relief
  • 23:25 Other programs
  • 25:20 Disclosures

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's Privacy Statement.

An error occurred. Please contact customer support.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline