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How has COVID Affected Financial Reporting and Auditing?

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31 Aug 2020

How has COVID Affected Financial Reporting and Auditing...

COVID-19 pandemic has influenced all the financial markets and economies around the world. Voluntary changes in customer behavior have impacted entities in retail, leisure, hospitality, entertainment, and travel sectors. All these industries have reported a drastic decline in their revenues.  Liquidity concerns, deteriorating credit, financial market erosion, and volatility are general economic downturn-like conditions experienced by most firms. These conditions have reduced demand for products and...

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