UK: Company reporting and Covid-19 - a review by the FRC

The Financial Reporting Council has published its first thematic review of company reporting following the start of the Covid-19 pandemic: see here (pdf). The FRC found that most companies in the sample reviewed had provided sufficient information to enable users to understand Covid-19's impact on performance, position and prospects. There was, however, room for improvement by many companies, in particular with regard to going concern disclosures.