As the coronavirus pandemic causes unprecedented disruption,
what do businesses need to be aware of when compiling financial
statements?
What has happened over the past few weeks and what will follow
in the coming months has been unexpected and is still not
completely understood.
The coronavirus crisis is first and foremost a human tragedy, of
course, but it has upturned every aspect of the modern world,
including causing untold disruption to business.
As the effects of the pandemic continue to unfold, health,
business and government policies are changing rapidly in response,
and this is creating a minefield for companies when it comes to
preparing financial statements.
Revisit, reconsider, reshape
