You Did (or Didn't) Get a PPP Loan, Now What?Date: Tuesday, May 26, 2020
Time: 11:00 AM ET / 10:00 AM CT / 09:00 AM MT / 08:00 AM PT [Prevailing Time]
Presenter(s): Eric Krienert, CPA & K-Deep Dhaliwal, Moss Adams, LLP & Brent Morrison, & Shawn Miller Morrison & Co.
Objective: This Panel webcast will provide insight into PPP loans for organizations that both DID and DID NOT receive funds.
Field of Study: Economics
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group Internet-based
No advanced preparation or prerequisites are required for this course.
Members should visit the Recordings Catalogue to view all available recordings for free and on-demand. Join NSAC today to enjoy this benefit.
This webcast will provide insight into PPP loans for organizations that both DID and DID NOT receive funds. We’ll provide an overview of cash relief options available as well as alternative financing options you may want to explore. Additionally, we'll touch on special considerations for employee benefits related to sick leave and family leave. More specifically, we'll cover the following:
• Determining and maximizing PPP loan forgiveness, including what expenditures "count", applicable period, and employee considerations
• Minimizing and deferring expenses, whether you received a PPP loan or not, including major financing options post-CARES Act
• Tax credits
• Families First Sick Leave and Family Medical Leave Act issues
• Raising additional funds during the pandemic
• Other business considerations for cash relief
• Content presented will be applicable to co-ops across all sectors. Come prepared with questions or submit them when you register as there will be plenty of time for Q&A.
Presenter and Moderator Bios
Eric Krienert, Partner - Moss Adams
Eric is director of Agribusiness Programs at Moss Adams. He has worked in public accounting since 1997. He is experienced in tax planning and consulting for large partnerships and corporations in the food and agriculture industries, specializing in cooperatives. He provides services related to patronage philosophy and formulating patronage allocation programs based on book, tax, and hybrid programs; equity planning; mergers and acquisitions, joint ventures, and other combinations; nonqualified equities; and domestic manufacturing deduction and taxation.
K-Deep Dhaliwal, Partner - Moss Adams
K-deep has provided auditing and consulting services to food processing and agriculture companies since 2005 and is the regional industry group leader for the firm’s agribusiness practice. His focus includes agricultural marketing and supply cooperatives; food processors and marketers; manufacturing and distribution; citrus growers; row crops and permanent crops; vineyard operations; fresh fruit packing and marketing; and wine production and distribution. He is the past president of the National Society of Accountants for Cooperatives (NSAC) Far Western Chapter.
Brent Morrison, Founder & Principal - Morrison & Company
R. Brent Morrison founded Morrison & Company in 2002. He has served processing, agribusiness, distribution, manufacturing, and other companies as an executive and advisor since 1981. Brent oversees Morrison & Company strategy and implementation, practice development, infrastructure development, and serves as an “internal consultant” to our team and clients.
Brent was formerly Vice President and Chief Financial Officer of Sunsweet Growers Inc., one of the nation's premier producers of juices and dried fruit products. Before joining Sunsweet, he was President of Butte County Rice Growers Association (BUCRA), an agribusiness service and supply company.
While Senior Manager with the “Big Four” accounting firm Deloitte, Brent led the Sacramento office's Food & Consumer Products Industry Group and helped found and direct the Sacramento office forensic accounting practice, assisting clients with business-related legal issues. He was previously controller for a manufacturer of heavy equipment and structural steel components. He began his career with a predecessor firm of KPMG.
Brent is a member and past President of the Far Western Chapter of the National Society of Accountants for Cooperatives and a past director of the California Agricultural Leadership Alumni. He has served with many professional and civic organizations, including an appointment to a state advisory board by then California Secretary of Food & Agriculture (and later USDA Secretary) Ann Veneman.
Shawn Miller, Principal, People Solution Services - Morrison & Company
Shawn Miller has extensive experience in human resources, recruiting, organizational development, and HR related services in addition to over 10 years of experience in operations management. This distinctive combination of people and operational experience uniquely qualifies Shawn to serve Morrison clients’ “people” needs with both a professional HR background and real-world operational management experience. He manages Morrison's People Solutions services, including recruiting.
Shawn became SPHR certified (Society for Human Resources Management) in 2003 and focuses on improving clients’ overall performance and culture with recruitment and behavioral based interviewing, operational management and leadership development, and leadership training. He holds a bachelor’s degree from Cedarville University, Ohio.
Free for NSAC Members / $56.00 for Non-Members
- All programs are delivered using the Zoom platform.
- Confirmations will include log-in instructions.
- Participants are able to participate using any device with an Internet connect (if the device does not have speakers, the participant can also dial-in) or they can participate with audio only by dialing in.
- All registrants will receive a link to the CLN’s recording by email within 48 business hours of event’s conclusion.
- There will be assistance available to help with technical and connectivity issues up to 10 minutes prior to the start of the presentation.
All registration is done on-line and each guest must provide their name and email address to participate. All NSAC members may register for free. Non-members may register for a nominal fee.
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Live participation is required for CPE credit and polling questions must be answered to document your active participation. All registrants will receive an email following the session with links to the slides and/or handouts, and a link to the CLN recording (unless otherwise stated). If you are unable to participate in the live session, you can still watch the recorded session, but you will not be eligible for CPE credits. Those eligible for credits will receive their certificate by email with 7 business days.
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