Disruptions to normal operations and shifts in work environments as a result of the COVID-19 pandemic caused an increase in late filings and changes to controls, according to a new study.
Audit Analytics last week issued a report on aspects of public company financial reporting and financial health impacted by COVID-19. The report covered late filings, internal controls, going concerns, and impairment, with the intent of gaining a better understanding of what happened in these areas to provide insight into risks that may reoccur in the future.
