 The Expected Effects on the Financial Statements According to Requirements of the IAS (10) in Light of the Coronavirus Crisis (Analytical Study)Saef Abdulrazaq Mohammed Alwattar ()
Management & Economics Research Journal, 2020, vol. 2, issue 2Special, 21-33 Abstract: The appearance of the Coronavirus affected the global economy and its effects varied according to the nature of companies and may reach in some sectors to the declaration of bankruptcy, as those interested in this field began to develop solutions to reduce its economic effects, as well as finding remedies for events after the date of preparing the financial statements, this is what the international standard (10) treat it, and from here the research problem came: is the financial statements modified or are changes only disclosed? and the research aims to find treatments for the events following the date of preparing the financial statements, and among the conclusions that the effects that the virus left on the financial statements must be disclosed such as declining assets, declining stock prices and stopping production, as well as ensuring the appropriateness of continuity assumption. Keywords: Coronavirus; Global Economy; Financial Statements; International Accounting Standard (10) (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:alv:journl:v:2:y:2020:i:2special:p:21-33 DOI: 10.48100/merj.v2i2Special.99 Access Statistics for this article Management & Economics Research Journal is currently edited by Mohammed Benmoussa More articles in Management & Economics Research Journal from Faculty of Economics, Commercial and Management Sciences, Ziane Achour University of Djelfa Contact information at EDIRC. |
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