As part of the global benchmark reform the central objective of which is to make interest rate indices more robust, the ECB set the transition spread from EONIA to the new overnight rate €STR at 8½ bp back in October 2019... Read More
Accountants have been debating whether coronavirus will be seen as an adjusting event for financial statements closing on 31 December 2019 or whether it will be seen as one that impacts 2020 financial year-ends and onwards. The consensus... Read More
Day by day, individuals, companies and governments are assessing the impact of the coronavirus on public health and the global and national economies. Very little is certain except that it is having a wide-ranging impact and will affect... Read More