Question: You have been approached by your client for help on an accounting matter (accounting research). Accounting Matter: As the world has been going through a
You have been approached by your client for help on an accounting matter (accounting research). Accounting Matter: As the world has been going through a Pandemic (Coronavirus), the client would like to know what they need to do in regard to their going concern analysis and disclosures related to COVID-19. To do: Each of you have a role (Engagement partner, Concurrent partner, Senior Manager, Manager, In-Charge), according to your role do the following: Manager/Senior Manager- Review the guidance related to going concern and research the disclosure requirements. I would suggest downloading recent audited financials from other companies to see how they are disclosing COVID-19 as guidance
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