FRC publishes thematic review of financial reporting effects of COVID-19

The UK’s Financial Reporting Council (FRC) has published a thematic review of recent financial reporting effects of COVID-19. The publication summarises the FRC’s recent review of 31 March 2020 interim and year-end financial statements for 17 different UK companies, highlighting good disclosures of the effects of COVID-19 and where improvements may be made.

The publication may be accessed here.