التحديات التي تواجه مهنة المحاسبة في ظل جائحة فيروس كورونا (Covid-19)‎

الملخص EN

The research highlights the challenges facing accountants and professional regulators when dealing with the impact of the virus (COVID-19) pandemic on the elements of the financial statements of economic units, and on the results of their operations and their financial position in the year ending 12/31/2019 and beyond, as well as the extent of the need to amend international financial reporting standards as a result of the crisis of the COVID-19 pandemic, as it happens every time when Global financial crisis it occurs.

The research reviewed the published data and reports on international and local professional organizations interested in accounting, such as IFRS, IOSCO, IPSASB, GAAP US, ESMA, AASB − AUASB, as well as the Iraqi Auditing Profession Council, and stating the position of these organizations on the COVID19 pandemic.

The researcher reached a set of results, the most important of which is that there are a set of challenges that are most influencing the financial statements for the period ending on 12/31/2020, which require accountants and professional organizers with accounting treatments and special disclosures as a result of the uncertainty caused by the virus (COVID-19) pandemic, including the book value For non-financial and intangible assets, including goodwill, as well as cash flow difficulties, credit losses, and disclosures related to the imposition of continuity and the accompanying disclosures.

Despite these challenges, there is a consensus on the part of international accounting professional bodies and organizations confirming the ability of standards to address these effects and that there is no need to amend, change, delete or add to the requirements of the standards, especially International Financial Reporting Standard No.

(9) “Financial Instruments