COVID-19 : Impact on Period-end financial reporting
It is hard to find anything that is not affected by the COVID-19. The adverse impact of this global pandemic is also significantly corporates. This has consequential impact on the financial results, accounting and financial reporting of the companies. The finance function and management of the companies shall have to consider this impact and lay special emphasis on year-end closing.
We are pleased to send you the copy of the newsflash “COVID-19: Impact on Period-end financial reporting” summarising such key accounting challenges that management need to address in terms of identification, measurement and reporting considerations.