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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.

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Support for your organization

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.

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Our financial reporting, audit and payroll specialists are ready to support you with advice and assistance in this extraordinary situation.

Further information

If you have questions about other COVID-19-related topics or about audit and reporting in general, don't hesitate to contact us.