COVID-19 calls for dynamic diligence and disclosure in financial reporting accountingtoday.com/opinion/covid-… #financial #reporting #financialreporting

How fair is your supply chain? Accountants play a key role in supply chain management ow.ly/kVHn50CgubE #accountant #role #supply #chain #management #supplychain

IFRS standards and climate-related disclosures : how international accounting standards apply to climate change and other emerging risks, despite those risks not being mentioned explicitly in the standards. #IFRS #climatechange ow.ly/tQt150CftB1

Unprecedented level of uncertainty about economy, future earnings and other inputs due to Covid19 complexifies financial statement reporting and audit engagements ifac.org/knowledge-gate… #Covid19 #FinancialReporting #Covid19 #financialstatement #reporting #audit

Covid exposes weakness of IFRS9 accounting standard. businessdailyafrica.com/bd/opinion-ana… #Covid #weakness #IFRS9 #accounting #standard #IFRS

Auditing Revenue Recognition : FASB’s new standard on Revenue Recognition and the Covid pandemic are presenting challenges for auditors of private company financial statements. #revenue #recognition #standard #audit #auditing #COVID journalofaccountancy.com/news/2020/nov/…

Cybersecurity represents a material, and perhaps critical, issue for all businesses, and the standards governing its reporting and assurance are still being developed. #Monitoring #Risk #FinancialReporting #Cybersecurity #Sustainability #Governance cpajournal.com/2019/08/26/mon…

IFRS Foundation throws hat in the ESG ring with a ‘Sustainability Standards Board’. Meanwhile, FRC sees inconsistent voting and stock lending disclosures among investors ahead of new Stewardship Code #IFRS #IFRSFoundation #FRC #Sustainability #ESG responsible-investor.com/articles/ifrs-…

Financial Reporting : European Commission adopts explanatory note on the European Single Electronic Format (ESEF) #Financial #Reporting #European #Commission #ESEF #FinancialReporting eureporter.co/frontpage/2020…

The changing nature of audit evidence arising from COVID-19. COVID-19 has forced auditors to work differently with changing nature of audit evidence and related considerations for auditors to support the performance of high-quality audits #covid19 #Audit cpacanada.ca/en/business-an…

Risk assessment merits increased auditor focus. Auditors shall devote more attention to assessing risk of material misstatement and designing appropriate procedures. #risk #assessment #auditing #procedures journalofaccountancy.com/issues/2020/no…

COVID-19 and going concern impacts : COVID-19-related events may cause a deterioration in an entity’s operating results and financial position, affecting its ability to continue as a going concern. #covid #covid19 #goingconcern cpacanada.ca/en/business-an…

#IFRS - Leases : IFRS 16 is in its implementation phase. Are you ready for the wholesale implications of the new reporting requirements? intheblack.com/articles/2020/… #IFRS16 #Lease

A cluster of grey zones that pose severe challenges to an accountants’ sense of judgement. en.ceibs.edu/new-papers-col… #financial #accounting #financing #accounting #greyareas

What It Takes for Investors to Trust the Investment Management Industry ? #Investment #Management #Trust thinkadvisor.com/2020/05/06/wha…

Covid exposes weakness of IFRS9 accounting standard. businessdailyafrica.com/bd/opinion-ana… #Covid #weakness #IFRS9 #accounting #standard #IFRS

Risk assessment merits increased auditor focus. Auditors shall devote more attention to assessing risk of material misstatement and designing appropriate procedures. #risk #assessment #auditing #procedures journalofaccountancy.com/issues/2020/no…

The changing nature of audit evidence arising from COVID-19. COVID-19 has forced auditors to work differently with changing nature of audit evidence and related considerations for auditors to support the performance of high-quality audits #covid19 #Audit cpacanada.ca/en/business-an…

Global Insurers Face Hefty Costs of $15B-$20B to Implement IFRS 17 according to a new global survey. #insurance #IFRS #IFRS17 #insuranceindustry insurancejournal.com/news/internati…