COVID-19 Impact on Financial Reporting and Auditing

COVID-19 Impact on Financial Reporting and Auditing

There are number of auditing and financial matters, which are impacted due to covid-19. The author has covered these impacts on Financial reporting and auditing in detail. The book has covered The impact under accounting and auditing separately under the various topics like: classification into current and non-current items, materiality, events after reporting periods, going concerns, Inventory valuation, fixed asset issues, revenue, employee benefits, financial instruments, provisions & contingent liabilities, leases, Govt. Grants, income taxes, interim financial reporting, internal control, and electronic means of communication for auditor.