Accounting Issues from Covid 19 (ROI)

Presenter: Jonathan McGee, Mercia Ireland

Accountants are faced with a number of financial reporting issues in the midst of the current global health crisis. This session will highlight some of the key issues we now face, which both companies and their accountants need to be aware of when preparing financial statements at this time.

A number of areas will be discussed including:

• The impact on 31 December 2019 financial year ends and the position regarding 2020 financial year ends, particularly regarding post balance sheet events and going concern;
• Uncertainties;
• Issues related to accounting estimates and judgements;
• Revenue recognition;
• Fair values;
• Impairments.

In addition, a number of other areas for consideration will also be featured together with an overview of the impact on financial statement disclosures including some disclosure examples.

(ROI) courses are for sale to accountants in the Republic of Ireland.  The on-demand courses are also available as part of the ROI Box Set – click here for details.