Readiness for 2020 financial year reporting

Readiness for the 2020 financial year reporting

The year 2020 has been a unique and dynamic one for most businesses across the globe. Many businesses have responded to the global pandemic by making significant changes to their business operations, financial systems, governance structures etc. These changes have financial reporting implications that must now be carefully reflected in the 2020 financial reports.

FRC guidance for External Auditors

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.