Covid-19 and its accounting and audit implications
ServicesAudit & assuranceCorporate reportingIFRS and SFRS Updates
Accounting and Audit implications in Singapore
With the recent global outbreak of the coronavirus disease known as COVID-19, many business entities face possible significant disruption in their operations. The outbreak is not only a major threat to public health but also a considerable economic affliction.
To keep you informed, we have listed several special considerations relating to financial reporting standards, particularly of going concern and impairment. This update will cover the COVID-19 outbreak and its implications on the audit and accounting world.
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POBS are fighting for survival:they need help
Our globalised society has arguably never faced a challenge like the Coronavirus – references to battle and war feature in government briefings all over the world. We are truly living in unprecedented times.