Article on the impact COVID-19 might have on applying IFRSs
28 October 2020
IASB Board member Mary Tokar and technical staff member Sid Kumar have released an
article that provides an overview of the key financial reporting considerations
associated with COVID-19.
The article builds on a panel discussion at the IFRS Foundation Virtual Conference on
28 September 2020, which focused on what entities need to consider when developing
assumptions in preparing financial statements in times of heightened uncertainty and
what information to disclose about the assumptions used.
Please click to access In Brief: Applying IFRS Standards in 2020 — impact of
covid-19 on the IASB website.