Our Head of Audit & Assurance, Wali Aziz, along with Senior Manager – Edward Chow and Carmen Ridley (AASB Board Member) delivered the Walker Wayland NSW 2020 Financial Reporting Webinar on 23rd of June at 10am. The key areas covered, were COVID-19 impacts on the economy and business, the impacts of COVID-19 on financial statements and the new suite of Australian Accounting Standards (revenue and leases). In case you missed it, please find attached the link the video presentation and the slide show presentation.
The 2020 reporting season is sure to be an incredibly difficult period for boards, management teams and finance executives as they navigate their respective businesses beyond the COVD-19 pandemic while also reporting and disclosing the effects and impacts of COVID-19 on financial statements. Governance, strategy, financial control and cash flow management will need to be monitored on a regular basis during these testing times. Our advice is that early consultation with your external advisors is key!
Please feel free to reach out to us if you require any financial reporting, audit, internal controls, cyber risk or corporate governance services on 02 9951 5400.