This session will provide an overview of the various COVID-19 relief programs and how to present receipt of funds in the financial statements. The presenter will provide various methods to track reimbursable costs within the general ledger, including setup and integration with payroll and procurement systems. The presenter will discuss how to accumulate source documentation to support allowable expenses.

• Explore the various funding programs available to providers and the resulting reporting requirements.
• Review various methods to establish tracing of COVID-19 related expenses within the general ledger system.
• Identify methods to accumulate documentation to support reimbursement of expenses under relief funding programs.
• Track how to present receipt of relief funding in your financial statement, as well as implications in future periods.

Dan Frien, Principal, Healthcare, CliftonLarsonAllen