In light of the latest conflict in Ukraine, including the introduction of wide-ranging sanctions against certain Russian companies and individuals, entities need to carefully consider the accounting implications of this situation.

This IFRS Alert considers the financial reporting impact of the conflict on 31 December 2021 and subsequent year ends as well as assessing the importance of assessing going concern.

Accounting implications of the conflict in Ukraine

Accounting implications of the conflict in Ukraine

As the conflict in the Ukraine progresses, it is important that businesses consider the accounting implications resulting from the impact it is having on their operations and activities.
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