National Real Estate Investor published an article by Assurance Partner John McCarthy, about the impact of COVID-19 on financial reporting in the real estate industry.
National Real Estate Investor
By John McCarthy, Partner, Assurance Services
The inability to comply with financial covenants in loan agreements, the restructuring of leases, valuation issues associated with asset acquisitions, along with whether an entity has the proper internal controls to handle changes in the “new normal,” are just a few [financial reporting issues that are likely to arise].
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