• IOSCO issues statement on the application of accounting standards during COVID-19 outbreak

IOSCO issues statement on the application of accounting standards during COVID-19 outbreak

08 April 2020

The International Organisation of Securities Commissions (IOSCO) has issued a statement on its view of the application of accounting standards during the COVID-19 outbreak. The statement focuses on the application of IFRS 9’s expected credit loss (ECL) requirements.

The statement may be accessed here.