SEFA Reporting for Provider Relief Funds [Video]

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Close Captioning has been auto-generated.The AICPA has issued a Technical Q&A (https://us.aicpa.org/content/dam/aicpa/interestareas/frc/downloadabledocuments/tqa-sections/tqa-section-9160-36.pdf) to address questions surrounding reporting on the SEFA when the amount reported does not tie back to the financial statements due to DHHS's requirement to report based on the reporting to the Portal. The TQA provides guidance on the application of AU-C 725 to this scenario.How difficult have the changes to PRF funds been on entities?Watch all A&A Today videos at https://www.youtube.com/playlist?list=PLzz2wvHsZ2DNJ64dEWyHTq5BcvI1RALA-____________________________________________________________Subscribe for More CPA Video Updates https://www.youtube.com/user/WashingtonCPAs CONNECT WITH US: WSCPA https://www.wscpa.org FACEBOOK https://www.facebook.com/WashingtonCPAs LINKEDIN https://www.linkedin.com/company/353584 TWITTER https://twitter.com/WashingtonCPAs INSTAGRAM https://www.instagram.com/washingtoncpas/

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