FAQ on accounting for COVID-19 and market volatility (updated May 12, 2020)

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In depth , PwC US May 12, 2020

Our In depth addresses FAQs on a range of COVID-19 accounting impacts. This week we added a new question to the section on accounting for rent concessions.

At a glance

This In depth answers specific questions about a range of topics, related to the impact of COVID-19 on financial reporting. Topics include impairment assessments; the accounting for the impact on revenue recognition, inventory, leases, compensation, debt, taxes and financial statement presentation; and considerations related to internal control over financial reporting. 

On May 12 we added a new question to our existing section on the accounting for rent concessions by lessors and lessees.

Download FAQ on accounting for COVID-19 and market volatility (updated May 12, 2020)

Additionally, listen to a team of PwC partners discuss how the coronavirus may impact areas like revenue recognition, asset impairments and more.
 

For a deeper discussion, please contact:

Heather Horn

US Strategic Thought Leader, National Professional Services Group, PwC US

Email

Valerie Wieman

Partner, National Professional Services Group, New York, PwC US

Email

Colleen Surace

Director, National Professional Services Group, PwC US

Email

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David Schmid

David Schmid

International Accounting Leader, National Professional Services Group, PwC US

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