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PPP: Guidelines and Strategies to Apply for Forgiveness

PPP: GUIDELINES AND STRATEGIES TO APPLY FOR FORGIVENESS

Cost Free
Presentation Length 1.5 hours

Recorded DateNovember 4, 2020
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaFinance
Course LevelBasic
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

Forvis Mazars
Managing Director | New York Office Advisory Services Practice Leader
corinna.creedon@forvis.com

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Corinna is a Managing Director of Forvis Mazars and leads its National Nonprofit Advisory Services Practice, as well as the New York Metro Area's Emerging Outsourced Accounting Services and Advisory Services Practices. Corinna is also the National Leader for Forvis Mazars’ Nonprofit Digital Technology Strategy and Innovation team.

She brings more than 25 years of experience as a finance executive, where she has provided interim- and outsourced-CFO services to a wide range of organizations. Well-known for her strong project management skills and providing unmatched client experiences, Corinna is widely regarded for her ability to quickly assess an organization’s needs and execute engagements in a timely manner. She excels at leveraging technology to automate and enhance efficiencies, and redesigning accounting departments to provide for effective internal controls over financial reporting processes which also support the strategic plans of the organization’s mission.

Corinna is a frequent speaker at regional and national conferences such as the Annual AICPA CIMA Nonprofit ENGAGE Conference. Prior to joining Forvis Mazars, Corinna ran her own consulting practice, specializing in outsourced and interim CFO engagements, special projects, and PMO engagements. Corinna began her career in audit at a Big 4 accounting firm and then moved into the private sector and nonprofit arenas serving in senior finance executive roles.
She is a member of the American Institute of CPAs and the New York State Society of CPAs.

Corinna holds dual degrees in accounting and international business from NYU Stern School of Business and is a licensed CPA in New York. She has also been honored as one of Crain’s New York’s Notable Leaders in Accounting and Consulting in each of 2020, 2021, 2022 and 2023.

About Our Presenter

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Forvis Mazars, LLP is an independent member of Forvis Mazars Global, a leading global professional services network. Ranked among the largest public accounting firms in the United States, the firm’s 7,000 dedicated team members provide an Unmatched Client Experience through the delivery of assurance, tax, and consulting services for clients in all 50 states and internationally through the global network.