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Most companies are likely to be impacted by the COVID-19 coronavirus pandemic, and the increased economic uncertainty and risk may have significant financial reporting implications.

The resources below will help you to better understand the potential accounting and disclosure implications for your company, and the actions management can take now.

The level of uncertainty about the future economic outlook poses a significant challenge when making estimates and assessing a company’s ability to continue as a going concern. You might find it helpful to refer to this blog and set of scenarios, which represent a range of ideas about how the economic impact may evolve over the short to medium-term.

This resource centre focuses on the impacts for 2020 period ends and is continually updated as significant accounting and reporting issues arise. We encourage you to bookmark this page and check back frequently for updates. 

Our annual Guides to financial statements, which help you to prepare financial statements in accordance with IFRS® Standards, this year include a COVID-19 supplement illustrating additional disclosures that entities may need to provide on accounting issues arising from the pandemic.

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