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