News

Last Update :10/31/2012

Virginia Society of CPAs Offers Disaster Recovery Resources

Disaster Recovery Resources

As part of its Financial Fitness initiative to improve the financial health of Virginians, the Virginia Society of CPAs (VSCPA) provides resources to help CPAs and the businesses and individuals they serve in dealing with the financial and tax consequences of disasters.

Resources

Ask a CPA Email Program — Got questions about disaster recovery? Experienced, licensed Certified Public Accountants (CPA) will provide FREE answers to your financial questions within three business days. Submit questions on any disaster preparedness topic, such as planning for disaster, financial recovery in the wake of a natural disaster, tax implications, property loss and restoring household security.



Preparedness Fast Facts
Get the facts you need — before, during, and after a disaster or emergency situation. As the nation's preeminent preparedness and safety training organization, the American Red Cross developed the following emergency-specific checklists using the latest research, science, best practices and expert opinion.



Disaster Recovery: A Guide to Financial Issues
Published in 2003 with support provided by the American Institute of CPAs (AICPA) Foundation, and developed by the AICPA and the National Endowment for Financial Education (NEFE), Disaster Recovery: A Guide to Financial Issues can help people affected by natural and man-made disasters to recover from financial loss. Offered free of charge by local American Red Cross chapters, the 32-page guide is the first comprehensive, easy-to-understand resource to guide people through the three key stages of disaster recovery: the days immediately after a disaster, the months following and the long-term future.



Disaster Response: What to Do First — A Checklist for CFOs and Controllers
This disaster response checklist (DOC) for chief financial officers (CFOs) and controllers from the AICPA helps executives outline important issues, including employee safety, maintaining operations and evaluating the company's financial situation.



Tax Guide Available Online
Many practitioners and their clients have found the AICPA's Disaster Area Practice Guide (DOC) invaluable. The guide includes links to recent IRS publications and is designed to help CPAs assist their clients and employers with the tax consequences of a natural disaster.



Disaster Recovery Resources for Small Businesses
Learn tips and get resources from the Small Business Administration (SBA) to help you and your business recover from disaster.



Internal Revenue Service (IRS) offers the following resources:



Virginia Emergency Preparedness & Response Programs
The Virginia Department of Health has emergency preparedness and response programs that offer a wealth of information and resources on the state, regional and local level for dealing with emergencies like hurricanes.



Disaster Recovery Tips
The Virginia Department of Emergency Management (VDEM) offers tips to becoming an active partner in the recovery process when dealing with disaster — to not only rebuild your home and community, but also to minimize the risks of future devastation.



Federal Emergency Management Agency (FEMA) offers the following resources:



Websites



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