IAASA publish their Annual Observations paper

 

IAASA has recently published this paper highlighting some significant topics that those charged with governance should consider when preparing their financial statements for 2021. 

 

The paper highlights some key areas that warrant close scrutiny by those preparing, approving and auditing 2021 financial statements in the upcoming reporting season including: 

  • COVID-19;

  • impairments;

  • fair values;

  • alternative performance measures; and

  • climate change.

To read more and download this paper please click here.