BDO Publishes IFRB 2023/11 Accounting in Times of Uncertainty
The information bulletin examines the impact of rising geopolitical risks, energy supply shortages, increasing energy prices, and inflationary pressure on international financial accounting. These factors create an uncertain economic environment, which has numerous consequences for accounting in areas such as going concern assessments, judgments and estimates, impairment of non-financial assets, etc. The bulletin discusses these consequences in detail, providing important information for professionals in the field of accounting.
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Source BDO Global