Impact of COVID-19 on IFRS financial statements of financial sector institutions

The COVID-19 created an exceptional and uncertain economic environment with significant impact on the financial sector, throwing down challenges to financial institutions in preparing their financial statements.

Malgorzata Pek-Kocik – Partner, Audit and Advisory for Financial Sector and Joanna Orłowska - Director, Audit and Advisory for Financial Sector at Mazars in Poland will analyze the potential implications of COVID-19 on IFRS financial statements of financial sector institutions.

Agenda

  1. Impact of COVID-19 under IFRS 9

      1.1. Overview of the EU regulators’ publications

      1.2. Impact on ECL

      1.3. Loans’ payment moratoria

  2. Rent concessions under IFRS 16
  3. Other IFRS vs COVID-19
  4. Impact of COVID-19 on disclosures

The webinar is addressed to key personnel, including Management Board members that are responsible for finance, credit risk and reporting of such financial institutions as banks, brokerage houses, asset management, leasing and factoring companies, as well as auditors and anyone interested in the subject.

Wednesday, 20th May 2020, Between 10.00 AM and 11.00 AM CET 

Important information:

  • The webinar is free.
  • The webinar is in English.
  • The connection link will all the necessary information will be sent on 19 May, Thuesday by mail.

If you want to participate on the webinar, please contact us by phone or by mail: office@mazars.hu,  or:

Eszter Rozgonyi, Marketing and communication manager, eszter.rozgonyi@mazars.hu,  06 20 772 10 26