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In this uncertain climate companies are having to consider how the impact of COVID-19 affects their business and how these affects should be reported in the accounts. This will require some additional disclosures to explain how recent events are affecting their business. To include the relevant disclosures in TaxCalc we’ve provided some additional notes to assist. Please see KB3088 - How can TC help me prepare accounts under COVID-19? Should you require further guidance on what you should and shouldn’t disclose please speak to your accounting supervisory body. https://www.frc.org.uk/covid-19-guidance-and-advice https://www.icaew.com/coronavirus https://www.accaglobal.com/uk/en/cam/coronavirus.html |
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