چکیده:
Corona’s pandemic has paralyzed continuity in most sectors of work,
especially industrial and commercial, and for several reasons, including
health, for fear of disease outbreaks between employers and workers, as well
as security reasons due to the imposition of curfews, difficulty in accessing
the work site, and most importantly, which are the financial reasons that
emerged as a result of the mentioned reasons that led To create a bankrupt
working environment that does not have sufficient liquidity to fulfill
obligations towards creditors, employees, and workers, or the inability to
purchase practical materials, production requirements, and perpetuate the
activity.
On the other hand, the opening of old accounting scenarios that serve us as
accountants at the present time and does not harm the interests of a
particular party and allows to completion of the accounting cycle in the
current environment, because the chosen solutions to accounting problems
and developments in accounting systems require a stable work environment
to be applied but when there is no stable environment In light of the current
crises, can resort to them and achieve the goal of accountability.
خلاصه ماشینی:
On the other hand, the opening of old accounting scenarios that serve us as accountants at the present time and does not harm the interests of a particular party and allows to completion of the accounting cycle in the current environment, because the chosen solutions to accounting problems and developments in accounting systems require a stable work environment to be applied but when there is no stable environment In light of the current crises, can resort to them and achieve the goal of accountability.
Key words: historical cost, Profits management, agency problem, Governance, Revenue recognition, Fair value, Corona.
Problem Description: Impact of the covid-19 pandemic on the stability of the business environment and the accounting at the present time which limited the accounting work the possibility of applying the important part of accounting strategic and standards (for example IFRS 13 measurement Fair value).
2- The opening of the old accounting scenarios is not possible because they contradict modern accounting standards because these standards have developed to keep pace with the present, so the application of accounting standards should be postponed or changed as long as these standards are flexible and work for the benefit of all internal and external parties of companies.
The solutions to the problems have negatives and positives that were clarified above, but we will show the most important of them: A- Difficulty digesting the issue of revenue recognition by shareholders or stakeholders, as it is a purely accounting rule that reflects more realistic performance within the specified financial period, and manipulation of dates is one of the things through which it is possible to achieve goals for parties at the expense of the other.