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Auditing board beefs up going concern disclosures

Concern that directors aren’t disclosing enough in relation to Covid-19.

The crown entity that sets accounting and audit standards has introduced new specific disclosure requirements on going concerns, due to the impact Covid-19 has had on companies’ finances.

“Certainly Covid-19 has prompted the need for relevant, specific disclosures of an entity’s going

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Auditing board beefs up going concern disclosures
Business,
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