'New Normal' Financial Reporting
22 April 2020
The global outbreak of the novel Coronavirus (COVID-19 ) is impacting business operations across industries, directly or indirectly.
The growing uncertainty in the situation and ambiguity of normalcy resuming is also impacting many areas of accounting and financial reporting of businesses. To help organisations cope with the situation and challenges arising from it, the government has eased certain financial reporting timelines.
Organisations across industries would now need to adapt to the ‘new normal’ whilst ensuring minimal impact to existing processes and operations.
Read about how our Accounting Advisory experts can assist your organisation in navigating challenges arising on account of recent changes made to the existing regulations, and how we can support in leveraging those to enhance reporting processes.