Covid 19, Risk
Omodele Jones
Part 6 - Mitigation - The Gambian View from ...

This is Part 6 of a 9 part series of 4 min interviews with Corporate Leaders on the COVID 19 experience of Corporate Africa. Part 6 interviews Lamin Manjang, the Group CEO for West Africa operations of Standard Chartered Bank. His previous assignments with the Bank recently included a stint as Group CEO of the Bank's East Africa operations.

In Part 6, Lamin responds to the second of three questions:

"How well did Corporate Africa mitigate the risks of the COVID 19 pandemic? What lessons have been learnt?".

Part 6 - Mitigation - The Gambian View from Nigeria: COVID 19 & Corporate Africa
Covid 19, Risk
Omodele Jones
Part 5 - Mitigation - The View from Eastern ...

This is Part 5 of a 9 part series of 4 min interviews with Corporate Leaders on the COVID 19 experience of Corporate Africa. Part 5 sees the return for a second question of Stanley Tsikirayi, a highly experienced governance practitioner who serves on Boards in Eastern & Southern Africa.

Part 5 - Mitigation - The View from Eastern & Southern Africa: COVID 19 & Corporate Africa
Covid 19, Risk, Corporate Governance
Omodele Jones
Part 4 - The West African View from Ghana: ...

This is Part 4 of a 9 part series of 4 min interviews with Corporate Leaders on the COVID 19 experience of Corporate Africa. Part 4 interviews Sadia Chinery-Hesse, Group Head, Legal & Company Secretary, Enterprise Group West Africa. Enterprise are an insurance company headquartered in Ghana, with operations in Nigeria and The Gambia.

Part 4 - The West African View from Ghana: COVID 19: The Experience of Corporate Africa
Risk, Covid 19, Corporate Governance
Omodele Jones
Part 3 - The Pan-African View from Nigeria: ...

This is Part 3 of a 9 part series of 4 min interviews with Corporate Leaders on the COVID 19 experience of Corporate Africa. Part 3 interviews Mr Lamin Manjang, the Group CEO for West Africa operations of Standard Chartered Bank. His previous assignments with the bank recently included a stint as Group CEO of the bank's East Africa operations. In Part 3, Lamin responds to the first of three questions: "In the African context, how foreseeable was a pandemic?".

Part 3 - The Pan-African View from Nigeria: COVID 19: The Experience of Corporate Africa
Omodele Jones
Part 2 - COVID 19: The Experience of Corporate ...

Part 2 of a 9 part series of interviews with corporate leaders on the experience of Corporate Africa with COVID 19

Part 2 - COVID 19: The Experience of Corporate Africa

Financial Reporting

, , ,

English Institute of Chartered Accountants issues guide to users in understanding audit opinions influenced by COVID 19

, , ,

English Institute of Chartered Accountants issues guide to users in understanding audit opinions influenced by COVID 19

"...while COVID-19 will affect businesses in different ways and to different degrees, it is likely to have a significant impact on audit reports on company financial statements for the foreseeable future.

The FAQs below, created by the Audit and Assurance Faculty, are designed to help investors and other users of audit reports to better understand the different types of audit report wordings used by auditors, and their significance.

How might COVID-19 impact audit reports?

We expect to see more ‘modified’ audit opinions as a result of COVID-19. The possible types of audit opinions that auditors may give are explained below.

We also expect to see more ‘material uncertainties’ highlighted in audit reports in relation to going concern, and more ‘emphases of matter’. These do not, however, modify the audit opinion. These are also explained below.

For listed entities and other public interest entities, we are likely to see more ‘key audit matters’ (sometimes referred to as ‘KAM’) included by auditors... "

, , ,

IASB Exposure Draft on COVID related Rent Concessions

, , ,

The International Accounting Standards Board (Board) is seeking feedback on the Exposure Draft Covid-19-Related Rent Concessions. The Exposure Draft sets out a proposal to permit lessees, as a practical expedient, not to assess whether particular covid-19-related rent concessions are a lease modification and, instead, account for those rent concessions as if they were not lease modifications.

The deadline for submitting comments on the Exposure Draft is 8 May 2020. The Board will consider feedback on the Exposure Draft in developing its final requirements. The Board plans to issue final amendments by the end of May 2020.