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LIVESTREAM: PPP Round 1 (Loan Forgiveness)

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Wednesday, January 20, 2021 @ 9:00am 11:00am
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Description

The SBA issued guidance on the PPP Loan Necessity Questionnaire on December 9 that will be required for some borrowers and the IRS has issued Revenue Ruling 2020-27 and Revenue Procedure 2020-51. This course will cover this recently issued guidance, and also discuss potential basis issues for flow-through entities as a result of the IRS guidance. Kurt will also review any other new developments that occur through legislative action and answer questions related to the on-going PPP loan forgiveness process Objectives • Understand the impact of recent IRS guidance • Review the issues related to the PPP Loan Necessity Questionnaire • Review any legislative developments from congress Note – None of the above issues have impacted the loan forgiveness calculations. If you have previously attended one of Kurt’s PPP loan courses and received his worksheets, you should be at version 2.14. It was not necessary to update the worksheet for the issues that are discussed in this course.

Credits

Category Amount
Accounting&Auditing 2.00

Course Materials

Links to the e-materials will be listed with your course registration in your account on the MSCPA website seven calendar days before the course. You will receive an e-mail when the materials are available.



Leaders

Kurt G. Oestriecher

Kurt G. Oestriecher, CPA is a partner with Oestriecher & Company, CPAs of Alexandria, Louisiana and has been with the firm since graduating from The University of Louisiana in 1986 with a BBA in Accounting. He is partner in charge of accounting and auditing services, and is also involved in litigation support and small business consulting engagements.

He is a member of the American Institute of Certified Public Accountants (AICPA) and the Society of Louisiana Certified Public Accountants (LCPA), and served as President of the LCPA in 2002–2003. He is currently chair of the LCPA Professional Ethics Committee, and has chaired the Louisiana Accounting and Auditing Conference Committee, Strategic Planning Committee, Budget Committee, and Nominating Committee.

Kurt served a four-year term on the Accounting and Review Services Committee of the AICPA from 2000-2004, and served a six year term on the AICPA Joint Trial Board from 2005-2011. He also served a three year term as an elected member of AICPA Council and a one year term as Louisiana’s dedicated Council member.

Kurt was the recipient of the 1998, 2006, and 2010 Outstanding CPE Discussion Leader Award from the LCPA, and was named the Outstanding CPE Discussion Leader for the AICPA for the past twelve consecutive years.. He has authored many educational courses on accounting and auditing topics, including the AICPA “Annual Update for Accountants and Auditors”. He has also served as an Adjunct Instructor of Accounting at LSUA and Northwestern State University.