The board has released nine pages of staff FAQs on the effects of COVID-19 related events after reporting periods.
AASB Staff FAQs – Events after the reporting period during the COVID-19 pandemic reminds entities of requirements in accounting standards for assessing them.
Download the document www.aasb.gov.au/admin/file/content102/c3/FAQ_EventsAfterRepPeriod_08-20.pdf
If you would like to discuss this further with one of our assurance team members, please contact us.
