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Impact of COVID-19 on Financial Reporting

The evolving COVID-19 pandemic situation has changed the business landscape and outlook of organisations, especially for entities that are adversely affected by greater degrees of risks and uncertainties. In weathering the COVID-19 storm and bracing for the new normal, it is imperative that businesses manage their risks and maintain business continuity by reassessing their business model and activities and address stakeholders’ needs. The evolving situation and changes affecting organisations may have significant implications on the financial reporting of entities and pose challenges in the application of accounting standards. Hear directly from industry players and auditors on their take on addressing the financial reporting impact of COVID-19 in this webinar.

This session will cover:

  • Assessing and addressing the impact of COVID-19 on businesses
  • Financial reporting implications of COVID-19
  • Significant areas of judgement and estimation uncertainties
  • Managing communication with stakeholders

Date: 3 June 2020, Wednesday
Time: 10.00 am – 11.30 am

Opening remarks: Dr. Nurmazilah Dato’ Mahzan, Chief Executive Officer, MIA
Moderator: Simon Tay, Executive Director of Professional Practices & Technical Division, MIA
Siew Kar Wai, Partner, PwC
Tan Khoon Yeow, Partner, BDO
Azizan Abd Aziz, Chief Financial Officer, Bank Islam
Ramamoorthy Rajagopal, Senior Vice President Finance, Axiata

Link to register: https://attendee.gotowebinar.com/register/4293898977768240395

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