{"id":5301,"date":"2020-03-31T13:35:19","date_gmt":"2020-03-31T11:35:19","guid":{"rendered":"https:\/\/www.cafr.ro\/en\/?p=5301"},"modified":"2020-03-31T13:39:19","modified_gmt":"2020-03-31T11:39:19","slug":"impact-of-the-covid-19-pandemic-on-financial-audit-reports","status":"publish","type":"post","link":"https:\/\/www.cafr.ro\/en\/impact-of-the-covid-19-pandemic-on-financial-audit-reports\/","title":{"rendered":"Impact of the COVID-19 pandemic on financial audit reports"},"content":{"rendered":"\n[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Quote Section&#8221; _builder_version=&#8221;4.3.2&#8243; custom_margin=&#8221;|0px||0px|false|true&#8221; custom_padding=&#8221;10px|0px|10px|0px|true|false&#8221; border_color_all=&#8221;rgba(255,186,96,0.6)&#8221; border_width_right=&#8221;5vw&#8221; border_color_right=&#8221;#086000&#8243;][et_pb_row admin_label=&#8221;Quote Area&#8221; _builder_version=&#8221;3.25&#8243; custom_margin=&#8221;-9px|auto||auto||&#8221; custom_padding=&#8221;0px|||||&#8221; use_custom_width=&#8221;on&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.3.1&#8243; text_font=&#8221;Times New Roman||on||||||&#8221; text_letter_spacing=&#8221;1px&#8221; header_font=&#8221;||||||||&#8221; header_font_size=&#8221;16px&#8221; header_3_font=&#8221;||||||||&#8221; header_3_font_size=&#8221;15px&#8221; header_3_line_height=&#8221;1.6em&#8221; header_4_font=&#8221;||||||||&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;50px|15px|0px|0px|false|false&#8221; custom_padding=&#8221;10px|0px|0px|10px|false|false&#8221; animation_style=&#8221;flip&#8221; animation_intensity_flip=&#8221;5%&#8221; animation_starting_opacity=&#8221;100%&#8221; border_color_all=&#8221;#313e47&#8243; border_width_left=&#8221;5px&#8221; inline_fonts=&#8221;Times New Roman,Georgia&#8221;]<p>\u00a0 The COVID-19 pandemic shakes from the roots the world economy and the effects will be serious. Uncertainty about the future of companies in many fields increases from day to day.<\/p>\n<p>\u00a0Both persons charged with governance and financial auditors must give greater importance to the analysis of the exposure to the risk of going concern and of the implications on the annual financial statements. As of January 2020, auditors need to be extremely alert to audit risk, especially in the light of the direct implications on compliance with the going concern principle by audited companies.<br \/>\u00a0 For more details on professional recommendations addressed to financial auditors, CAFR members, <a href=\"https:\/\/www.cafr.ro\/en\/wp-content\/uploads\/2020\/03\/CAFR-Covid-Recommendations_30_3_20.pdf\"><strong>click here<\/strong><\/a><\/p>[\/et_pb_text][et_pb_text admin_label=&#8221;Author Name&#8221; _builder_version=&#8221;4.3.1&#8243; text_font=&#8221;|600|||||||&#8221; text_text_color=&#8221;#666666&#8243; text_letter_spacing=&#8221;4px&#8221; header_font=&#8221;||||||||&#8221; header_4_font=&#8221;||||||||&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;10px||||false|false&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; animation_intensity_slide=&#8221;10%&#8221; animation_starting_opacity=&#8221;100%&#8221; inline_fonts=&#8221;Georgia&#8221;]<p>Posted on 31.03.2020<\/p>\n<p><span style=\"color: #000000;\"><strong><span style=\"font-family: Times New Roman; font-size: large;\">\u00a0<\/span><\/strong><\/span><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n","protected":false},"excerpt":{"rendered":"<p>The COVID-19 pandemic shakes from the roots the world economy and the effects will be serious. Uncertainty about the future of companies in many fields increases from day to day.<\/p>\n<p>Posted on : 31.03.2020<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":""},"categories":[3,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.cafr.ro\/en\/wp-json\/wp\/v2\/posts\/5301"}],"collection":[{"href":"https:\/\/www.cafr.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cafr.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cafr.ro\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cafr.ro\/en\/wp-json\/wp\/v2\/comments?post=5301"}],"version-history":[{"count":6,"href":"https:\/\/www.cafr.ro\/en\/wp-json\/wp\/v2\/posts\/5301\/revisions"}],"predecessor-version":[{"id":5309,"href":"https:\/\/www.cafr.ro\/en\/wp-json\/wp\/v2\/posts\/5301\/revisions\/5309"}],"wp:attachment":[{"href":"https:\/\/www.cafr.ro\/en\/wp-json\/wp\/v2\/media?parent=5301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cafr.ro\/en\/wp-json\/wp\/v2\/categories?post=5301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cafr.ro\/en\/wp-json\/wp\/v2\/tags?post=5301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}