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Perspective
14 Dec 2020
5 minute read

What is the impact of COVID-19 on your going concern assessment?

Impacts of economic uncertainty on going concern

What is the impact of COVID-19 on your going concern assessment
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As Australia faces continuing uncertainty in relation to both the health and economic impacts of COVID-19, directors are rightly concerned about how their companies will be affected and what they have to do fulfil their obligations under the Corporations Act 2001, specifically as it relates to the going concern assessment.

Published: July 2020

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