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Download our fourth quarter 2020 update for an overview of important activities for private companies.

This update provides a summary of some of the more important fourth quarter 2020 accounting and financial reporting activities for private companies. The content is not meant to be all-inclusive.
Topics include:
- Accounting guidance issued in fourth quarter 2020
- Paycheck Protection Program loans
- Asset impairments
- Lease accounting
- Reference rate reform
- Standards effective calendar year 2020
- Accounting guidance eligible for early adoption in calendar year 2020
- Standards issued in 2020
- Standards issued in prior years effective 2020 or after