Third-quarter earnings season is here, and the consequences of the coronavirus pandemic on the economy overall and on individual companies are not going away anytime soon. A new report from Deloitte highlights financial reporting and accounting challenges that should be top of mind in this environment.

Maria L. Murphy, CPA, is a regular contributor to Compliance Week. She is a senior content management analyst, accounting and auditing products, CCH tax and accounting North America for Wolters Kluwer....