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What is Acct Implication Coronavirus Apr2020 about?

This document discusses the accounting implications of the COVID-19 pandemic. It outlines various areas that may be affected under IFRS including non-financial assets, financial instruments, leases, cash flows, revenue recognition, obligations, going concern assessments, and disclosures. Entities will need to consider things like impairment of assets, classification of financial instruments, and impairment of financial assets under IFRS 9.

Author

MD Al Imran

Language

EN