War in Ukraine: corporate reporting implications (ICAEW)
PrimeGlobal Supports UkraineMarch 16, 2022
As sanctions are imposed on Russia and Belarus, companies preparing reports and accounts need to consider how this affects their business and the consequences for their financial and non-financial reporting.
This article from our alliance partner ICAEW highlights key areas that companies should consider.
There are some obvious consequences of the war in Ukraine on companies and their corporate reports, particularly companies with trade and/or assets in Russia, Belarus or Ukraine. However, it is important to consider the wider economic implications such as increases to energy prices, rising pressure on inflation rates, fluctuations in foreign exchange rates, unease in stock market trading and interest rate rises. Continue reading the full article here on the ICAEW website.