Accounting Considerations Related to COVID-19
Entities must carefully consider their unique circumstances and risk exposures and consider the impact COVID-19 may have on their financial reporting. Specifically, financial reporting and related financial statement disclosure need to convey all material effects of COVID-19.
FRC guidance for External Auditors
COVID-19 and its impact on the audit of reporting entities in Nigeria
As COVID-19 spreads and the impact is felt, regulators in Nigeria and around the world have issued guidance to entities under their control to provide direction on the impact of COVID-19 on the reporting obligations of those entities.
Related party disclosures (Part 1)