Opinii privind impactul pandemiei de COVID-19 asupra raportărilor financiare
Opinions Regarding the Impact of the COVID-19 Pandemic over the Financial Reporting
Author(s): Ovidiu Constantin Bunget, Alin-Constantin Dumitrescu, Cristian Lungu, Andrei-Marius OlariuSubject(s): Economy, Business Economy / Management, Financial Markets, Accounting - Business Administration
Published by: Corpul Experților Contabili și Contabililor Autorizați din România (CECCAR)
Keywords: COVID-19; financial statements; financial reporting; events after the reporting date; audit;
Summary/Abstract: According to the United Nations, the COVID-19 pandemic unbalanced the economies of the states,having the highest negative impact since the Great Depression. The state representatives from aroundthe world are imposing restrictive measures to control the spread of the virus and minimize the numberof infections. All the consequences of the COVID-19 pandemic and the ones that will follow in the near future directlyaffect the accounting reporting procedure, including the national accounting regulations (the Order ofthe Minister of Public Finance No. 1802/2014 for the approval of the Accounting regulations regardingthe individual annual financial statements and consolidated annual financial statements, as subsequentlyamended and supplemented), International Financial Reporting Standards (IFRS) and the audit of financialstatements in 2020.
Journal: CECCAR Business Review
- Issue Year: 1/2020
- Issue No: 07
- Page Range: 11-18
- Page Count: 8
- Language: English, Romanian