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Coronavirus impact on financial reporting
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Coronavirus impact on financial reporting 
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Going concern
Companies will have to analyze the events that triggered the pandemic.
Borrowing covenants
With COVID-19, there is increased risk that entities will
breach borrowing covenants.
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Deferred tax assets
Recognised to the extent that it is probable that future taxable
profits will be available.
Revenue recognition
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They are a critical figure for investors, analysts and other stakeholders.
Inventories
Low cost of pandemic inventory.
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Subsequent events
Perform valuations of your operations, to see which were affected by the pandemic and disclose in your financial reports.
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