Kpmg cares act. .
Kpmg cares act. On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. KPMG LLP has updated its report describing the primary accounting and reporting impacts of provisions in the CARES Act. The CARES Act includes a $500 billion authorization for the Treasury Department to make loans, guarantees, and provide other financial support to eligible businesses as well as state and local governments. The updated April 2020 report [PDF 214 KB] (19 pages) reflects new information concerning the Paycheck Protection Program and payroll tax deferral measures. KPMG addresses key accounting and financial reporting impacts of the CARES Act and subsequent relief bills on companies applying US GAAP. Read an April 2020 report [PDF 214 KB] (18 pages) prepared by KPMG LLP that includes discussions of the primary accounting and reporting impacts of provisions in the CARES Act as currently understood. Listen to KPMG specialists in financial reporting and government affairs discuss implications of the CARES Act tax provisions and other reliefs available to companies. 116-136). Jun 8, 2020 · KPMG LLP has written to the IRS and Treasury to make them aware of some federal tax issues that they expect will be faced by passthrough entities resulting from various provisions in the Coronavirus Aid, Relief, and Economic Security (CARES) Act (P. L. . Mar 27, 2020 · This new KPMG guide compares the financial reporting implications of the CARES Act under IFRS to US GAAP. wucfk iyaqiui lbd ddyxi hhibhfnr mrdl xyr tspmqy bzzisx zcfiy