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The outbreak of Coronavirus disease 2019 (COVID-19) is having a widespread impact on the global economy. The virus has taken its toll on not just human life, but businesses and financial markets too, the extent of which is currently indeterminate. Entities (public and private sector) must carefully consider their unique circumstances, risk exposures and consider the impact the outbreak may have on their financial/accounting reporting. Specifically, financial reporting and related financial statement disclosure need to convey all material effects of COVID-19.

The further development, duration and impact of the coronavirus cannot be predicted. Entities also need to know that global responses to the coronavirus disease 2019 (COVID-19) outbreak continue to rapidly evolve and these responses will continue to have an impact on all business entities, private or public sector.

This course focus on relevant discussion point around the impact of COVID 19 on financial statements and disclosures.  It also looks at the role of the Audit Committee and some of the findings that the Auditor-General has made.

It provides a concise summary of key questions and available guidance on issues.  An interview with Professor King on the impact on good governance is also included.

Course Features

  • Lectures 16
  • Quizzes 0
  • Duration 50 hours
  • Skill level All levels
  • Language English
  • Students 0
  • Certificate No
  • Assessments Yes

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