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PPP loan accounting FAQs. Accounting for PPP loans can especially be complex in the event that you anticipate the mortgage to be forgiven.

Crowe will allow you to gain quality.

Determining the correct accounting treatment plan for PPP loans could be confusing, particularly when the mortgage receiver expects the mortgage become forgiven and really wants to take into account the arrangement as an in-substance grant. To assist you better comprehend some of this accounting problems, we answer five questions that are common PPP loan accounting.

Could I account for a PPP loan as an in-substance grant? (more…)