AICPA Town Hall Series – January 21, 2021

The AICPA Town Hall Series provides the latest news and updates on pressing issues facing the accounting profession. Presenters: Rohit Arora, CEO and Co-Founder, Biz2Credit Erik Asgeirsson, President & CEO, CPA.com Barry Melancon, CPA, CGMA, President & CEO, AICPA Lisa Simpson, Director, Firm Services, AICPA Topics: PPP Reopening Latest Updates & Recommendations Lender Update 2021 Outlook with Barry Melancon Key Insights: AICPA President and CEO Barry Melancon talks about how the profession can be a “settling voice” for businesses as a new administration grapples with economic recovery and other challenges. Lisa Simpson, the AICPA’s vice president of firm services, discussed the latest developments on the Paycheck Protection Program, including updated guidance on calculating PPP loan amounts, second draws, and calculating gross receipts. Erik Asgeirsson, president and CEO of CPA.com, offers insight on the opening of the latest round of PPP applications to all participating lenders, and what 2021 looks like for further business stimulus plans.