October 15, 2020
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
Excerpt:
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].
Click here to read a PDF version of the article >>
Coronavirus Resource Center
Have more questions about the impact of the coronavirus on your business? Visit Marcum’s Coronavirus Resource Center for up-to-date information.
