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The Covid-19 pandemic has had a devastating global impact. Its profound public health, societal and economic repercussions are likely to be with us for some

"The Covid-19 pandemic has had a devastating global impact. Its profound public health, societal and economic repercussions are likely to be with us for some time to come. But what are the financial reporting implications of the crisis?" (ACCA,2020)

Covid-19 has caused significant impact to different corporations around the world.How the coronavirus may affect financial reporting? Discuss.

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