Covid-19 and its accounting and audit implications

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.

COVID-19's Impact on Audit and Accounting Implications

With the global outbreak of COVID-19, many business entities face possible significant disruption in their operations. 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. Read now at: https://www.mazars.sg/Home/News/IFRS-and-SFRS-Updates/Accounting-and-Audit-implications-in-Singapore

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Forvis Mazars Group (Forvis Mazars Group SC) is an independent member of Forvis Mazars Global, a leading professional services network. Forvis Mazars Group SC is a cooperative company based in Belgium and organised as one integrated partnership, operating in over 100 countries and territories. Forvis Mazars Group SC does not provide any services to clients.