IFR Bulletin 9 | 2020
01 heinäkuuta 2020
IFR Bulletins focus on the latest developments in international financial reporting.
In this issue:
Impairment Implications of COVID-19 (IFRS 9)
The 2019 Novel Coronavirus infection outbreak poses a serious public health threat. It has interrupted the movement of people and goods throughout the world, and many levels of government have instituted restrictions on individuals and businesses. The resulting impact on financial reporting will be significant.
This IFR Bulletin focuses on the financial reporting implications of COVID-19 that relate to the expected credit loss (‘ECL’) requirements of IFRS 9.