Focus on IFRS - what the issuers should consider while preparing their new set of financial statements for next year end

CSSF has carried out a thematic review of the information provided by issuers concerning the impact of COVID-19 on their operations and financial performance as of 30 June 2020 and noted that information provided in the interim financial reports regarding the effects of the COVID-19 pandemic was generally sufficiently entity-specific and detailed. However, several improvement areas should be considered in the future financial information to be presented with regards to the impact of the pandemic.