Bitesize Briefing: COVID-19 and post balance sheet events
A short webcast, suitable for both UK GAAP and IFRS reporters, explaining the factors to consider in deciding whether COVID-19 is an adjusting or non-adjusting event after the reporting period and the implications for financial statements.
In this short webcast, ICAEW’s Financial Reporting Faculty provides an overview of the factors to consider when determining whether the COVID-19 outbreak should be classed as an adjusting or non-adjusting event after the reporting period.
Suitable for both UK GAAP and IFRS reporters, it contains reminders of the relevant definitions, key dates to consider and looks at the implications for financial statements with 31 December 2019 and early 2020 year-ends.
Broadcast 16 April 2020