Actions taken in response to the spread of COVID-19 have resulted in significant disruption to business operations and a significant increase in economic uncertainty, with more volatile asset prices and currency exchange rates, and a marked decline in long-term interest rates in developed economies. These events and conditions create a level of uncertainty and risk that may result in significant financial reporting implications for preparers of financial statements.
KPMG has developed a range of resources providing insights on critical issues for organizations in the wake of COVID-19. Find below a dedicated content hub for all information, expertise and updates on accounting and reporting matters.
Our financial reporting, audit and payroll specialists are ready to support you with advice and assistance in this extraordinary situation.
If you have questions about other COVID-19-related topics or about audit and reporting in general, don't hesitate to contact us.