As the COVID-19 coronavirus pandemic continues, the heightened economic uncertainty and risk may have significant financial reporting implications for your company.
These articles, blogs and podcasts explore the potential accounting and disclosure implications for 2020 period ends.
KPMG’s Global Economic Outlook identifies and discusses some of the risks – and opportunities – that are facing governments and organisations in selected economies, which may help you to better understand what the short-term future may hold, and to consider the potential financial reporting implications.
Telling your story in your financial reports and explaining the judgements and the estimates made in making them through clear, meaningful and specific disclosures has never been more important. You can find further helpful guidance in the COVID-19 supplement to our annual Guides to financial statements, which provides illustrations of some of those potential additional disclosures.
We are continuing to update these pages as significant accounting and reporting issues arise. Do please bookmark this page and check back for updates.
© 2021 KPMG IFRG Limited, a UK company, limited by guarantee. All rights reserved.