IOSCO releases statement on Covid-19 issues
On 24 March 2021, IOSCO published a press release on going concern issues in the context of the Covid-19 pandemic.
Keywords: Mazars, Thailand, IFRS, IOSCO, IASB,Covid-19
24 May 2021
The statement reiterates some of the points made by the IASB in its educational material entitled “Going concern – a focus on disclosure”.
IOSCO emphasises the importance of providing high-quality information on the entity’s assessment of its ability to continue as a going concern, and on any material uncertainties that could affect this.
Source: Press release available here.
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