Join us for an overview of accounting updates for the automotive industry. First, presenters will discuss how to account for Paycheck Protection Program (PPP) loans, including accounting for the proceeds of the loan and loan forgiveness under the loan and grant methods. The second part of the session will include an update on new accounting standards, including those already in effect as well as in the pipeline.

This webcast is part of our Fuel for Growth: 2020 Webcast Series.

Torre Hammer, Partner, Moss Adams

Torre has been in public accounting since 2004. He provides corporate audit, review, transaction, and consulting services for clients in the technology and service industries. His areas of expertise include financial statement audits and reviews of regulatory filings for public registrants (including public offerings), revenue recognition, stockholders equity, debt and financing transactions, goodwill and intangibles, purchase accounting, inventory, multi-national entities and engagements, and international financial reporting standards (IFRS).

Michael Smoot, Senior Manager, Moss Adams

Michael has practiced public accounting since 2008. He provides audit services to public and private companies in the utilities, real estate, manufacturing, and consumer products industries, among others.

Kelsey Sjoberg , Senior Manager, Moss Adams

Kelsey has practiced public accounting with Moss Adams since 2014. She focuses on tax planning and consulting for closely-held businesses and their owners. Kelsey has extensive experience in flow-through taxation, including partnerships and S-corporations. She serves clients across a wide range of industries, with a focus on automotive and real estate.