Company Pandemic-Related Financial Statement Transactions
Company Pandemic-Related Financial Statement Transactions
After spending the past year wrestling with the financial impacts of the COVID-19 pandemic, companies that are required to prepare audited financial statements must now address a new challenge: deciding how to report and disclose certain pandemic-related transactions and risks on their financial statements.
Financial officers will need to work closely with their auditors to prepare statements that auditors can endorse without qualification. Here are several areas that merit special attention.
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