مجلة دراسات وأبحاث اقتصادية في الطاقات المتجددة
Volume 8, Numéro 1, Pages 301-325

The Impact Of Covid-19 On The Going Concern Assumption In Preparation Of Financial Statements Under Iass

Authors : Kadri Abdelkader .

Abstract

This study aims to highlight the most significant economic effects of the (Covid-19) on the sector of economic institutions and its impact on its ability to continue as a going concern, which is a fundamental principle that underlies the preparation of the financial statements under international accounting standards. Where the study reached several conclusions, the most important of which is the need to carefully consider the uncertainty considerations surrounding the institution’s activity when assessing the appropriateness of the going concern assumption for preparing its financial statements.

Keywords

going concern; Uncertainty; accounting; institution; Covid-19.