ANNUAL FINANCIAL STATEMENTS
Effects of the War in Ukraine on Accounting and Reporting
The invasion of the Russian armed forces in the Ukraine on 24 February 2022 is having – as far as predictable at all – substantial short-term and long-term consequences on all areas of the economy. In December 2022, the Institute of Public Auditors in Germany (IDW) published a fourth update on the potential effects of the Ukraine war on the accounting of current financial statements.
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23 Jan 2023