As the country continues struggle with the financial effects of the Covid-19 pandemic, the reporting of accurate information and transparency from public companies is more important than ever. In the first article of this two-part series, we examined guidance for public companies regarding supply chain and workforce disclosures. In this article, we will explore accounting judgments and compliance with Generally Accepted Accounting Principles (GAAP) in the age of Covid-19.

Reprinted with permission from Bloomberg Law, June /2020

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