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Financial Reporting Implications of Russia/Ukraine Conflict

By Randi Morrison posted 03-20-2022 05:09 PM

  
Highly recommended reading for those involved in preparing or reviewing periodic and current SEC filings (or portions thereof, such as Risk Factors, MD&A), earnings releases, earnings scripts, and investor presentation or engagement materials, Deloitte’s “Financial Reporting Considerations Arising From the Russia-Ukraine War” addresses the myriad of potential impacts companies may be encountering now or going forward as a result of the Russia/Ukraine conflict that should be considered for accounting and financial reporting purposes. The firm also advises companies to consider any potential impact of the conflict on their internal controls and DC&P for disclosure purposes (if material) and for development of new, modified, or compensating controls (if warranted).


                                             This post first appeared in the weekly Society Alert!
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