You can use the search function to find a range of UK Finance material, from consultation responses to thought leadership to blogs, or to find content on a range of topics from Capital Markets & Wholesale to Payments & Innovation.
United Kingdom
COVID-19 was declared as a global health emergency by the World Health Organisation (?WHO?) on 30 January 2020 following which national governments took action. As such, the effects of COVID-19 were generally a ?non-adjusting event? for financial reporting purposes, and forecasts, projections and associated assumptions used in preparing financial statements as at 31 December 2019 would reflect either little or no change. Financial statements will need to incorporate the effects of COVID-19 for reporting periods ending on or after 31 January 2020.
Lenders around the world are nearly all impacted and the financial reporting implications may be similarly broad. Precise effects will depend on the facts and circumstances of each lender. As the effects of the outbreak change and evolve, it may become difficult to distinguish which information, facts and circumstances should be incorporated into measurement as at period end and which should result in potential subsequent event disclosure.
This webinar seeks to address a number of these issues, other than those which relate to IFRS 9, for 31 December 2019 and subsequent period-ends in terms of both the annual financial statements and interim financial reports. It also seeks to address matters that relate to going concern assessments and preparing the annual report, given these assessments and statements are prepared on a more forward-looking basis.
This workshop will focus:
This training and its contents and all rights therein are owned by UK Finance (and/or facilitated by UK Finance on behalf of the content owner). Such content is intended to be viewed by the registered participants of this training only. Any unauthorised reproduction or dissemination of the content of this training (or any part of it) by any means, including but not limited to, recording, screenshotting or amending is strictly prohibited.
Financial Services Accounting Advisory Leader, BDO
Mark is BDO's Financial Services Accounting Advisory Leader, advising clients on accounting change (IFRS 9, 16 and 17), accounting for group reorganis...
Mark is BDO's Financial Services Accounting Advisory Leader, advising clients on accounting change (IFRS 9, 16 and 17), accounting for group reorganisations and structured transactions, the use financial instruments and other aspects of accounting. Mark has over 14 years? experience in auditing and advising banks, credit institutions, other non-bank lenders, broker dealers, debt funds and other financial institutions worldwide, dealing with various members from across the C-Suite.
BDO is the world’s 5th largest professional services network, across 167 countries and territories, with 90,000 people working towards one goal: to pr...
BDO is the world’s 5th largest professional services network, across 167 countries and territories, with 90,000 people working towards one goal: to provide our clients with exceptional service. Our financial services team consists of over 850 specialists in the UK alone and is part of a global Financial Services practice with operations in all major financial centres. Our view of the marketplace is broad, with specialist sector teams bringing experience from across all of the industry. Our expertise covers the banking and alternative finance, payments, insurance, capital markets, private equity and asset management sectors where we work with firms of varying sizes, from new entrants to the largest and most complex financial services organisations in the world.
By downloading this document, you understand and agree that any sharing, distribution or republishing of the content, without prior written authorisation from the author or content managers at UK Finance, shall be constituted as a breach of the UK Finance website terms of use.
