Financial reporting in times of crisis: The case of the Serbian developing economy during COVID-19-Reference-Cited by-同舟云学术

Financial reporting in times of crisis: The case of the Serbian developing economy during COVID-19

Published:2023-06-05 Issue: Volume: Page:
ISSN:0312-8962
Container-title:Australian Journal of Management
language:en
Short-container-title:Australian Journal of Management

Author:

Obradović Vladimir¹,Čupić Milan¹^ORCID,Dimitrijević Dragomir¹

Affiliation:

1. Department of Accounting, Auditing and Business Finance, Faculty of Economics, University of Kragujevac, Kragujevac, Serbia

Abstract

This study examines the impact of the COVID-19 pandemic on financial reporting in Serbia from the perspective of preparers of financial statements. Notably, the pandemic affected financial reporting in Serbia and preparers faced more professional difficulties during than before the pandemic. Financial reporting problems regarding future expectations and uncertainty are an important source of concern for preparers. The preparers who apply International Financial Reporting Standard (IFRS) for Small and Medium-sized Entities (SMEs) perceive some more difficulties than those who apply full IFRSs. This study contributes to the scarce literature regarding the impact of the COVID-19 pandemic on financial reporting. JEL Classification: M41, G01

Publisher

SAGE Publications

Subject

General Business, Management and Accounting

Link

http://journals.sagepub.com/doi/pdf/10.1177/03128962231177094

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