COVID-19 Financial Reporting Implications for Accounting Periods Ending After December 31, 2019
/Moore Global Insights
The coronavirus pandemic (COVID-19) has fast become the defining global health crisis of our time and the greatest challenge to almost all entities, either directly or indirectly. There are significant disruptions to global supply chains, suspension, or in worst cases cessation of many business operations, significant volatility and downturn in financial, commodity and energy markets, unemployment or furloughs, and as a result, all industries are facing unavoidable challenges associated with the economic conditions resulting from control measures and restrictions taken by respective governments to limit the spread of the virus.
MSL is an independent member firm of the Moore North America, Inc. (MNA) Association, which is itself a regional member of Moore Global Network Limited (MGNL). All the firms associated with MNA are independently owned and managed entities. Their membership in, or association with, MNA should not be construed as constituting or implying any partnership between them.
