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2020/21 reporting season: more than just numbers
Marianne Mau considers the impact of COVID-19, Brexit and other pervasive issues on financial statements in the current reporting season.
As COVID-19, Brexit, global warming 2020’s big issues have triggered regulatory changes for this reporting season. 
As 2020 draws to a close, many will be wondering what 2021 will bring, perhaps with some trepidation. As individuals we are not expected to explain how the year has affected us or how well-equipped we are to face the future, but businesses are required to do exactly that. This article outlines new requirements and regulatory changes for the current reporting season, considers some of the broader reporting issues and signposts where to find guidance.