Should Financial Reporting During the COVID-19 Pandemic Be Based on Expectations and Estimates of Future Conditions Instead of Historical Results Required by US GAAP ?

https://www.cpajournal.com/2020/06/08/financial-reporting-and-auditing-implications-of-the-covid-19-pandemic/

I am just looking for some key points as to why or why not the estimates should be historical or based on the future and what are the estimates affected by historical data