BDO publishes 31 December 2020 Illustrative IFRS Disclosures – COVID-19 Supplement
17 December 2020
The effects of COVID-19 may result in significant additional disclosures in IFRS financial statements. BDO’s 31 December 2020 Illustrative IFRS Disclosures – COVID-19 Supplement publication includes a useful checklist for assessing whether financial statements include disclosures that may arise as a result of COVID, as well as dozens of illustrative examples relating to going concern, impairment of assets, government assistance, rent concessions and more.
The publication may be accessed here. Other illustrative financial statements may be accessed here.