IASB issues document responding to questions on the application of IFRS 9 in light of the coronavirus
02 April 2020
The IASB has issued a document which responds to a number of immediate questions that have arisen due to the outbreak of the coronavirus worldwide. The document does not change, remove or add to the requirements of IFRS 9, but it is intended to support the consistent application of the standard. Regulators and professional bodies worldwide have also been issuing guidance relating to the application of IFRS 9 and other IFRS standards in light of the coronavirus.
The document may be accessed here.