Impactul COVID’19 asupra veniturilor entității și tratamentul contabil conform SIRF 15

Abstract

In the context of economic globalization it is worth mentioning that at the general level economic entities have many benefits to collect, which means expansion of trade space, risk sharing, ensuring stability, attracting new investments, however, even when companies tend to grow, there is none that is ensured by a socialeconomic crisis that can have a major impact on current and planned revenues. Without a doubt the current situation created by the emergence of the so-called COVID'19 has and will have a major impact on the incomes of economic entities, in particular on so-called multinationals the activity of which depends significantly on transnational relations. Despite the fact that IFRS 15 "Revenue from contracts with customers" being mandatory to implement from 1st January 2018, it has put as an additional requirement compared to the old Standard IAS 18 "Revenues" to record in the accounts the income from contracts with customers taking into account the entire life of the contract, i.e. the appearance of the Balance Sheet elements, in assets and liabilities, which actually means the unrealized part of the contract, the income to be obtained in the future, it is essential that in the current situation created by the COVID’19 pandemic, contracts with customers to be reviewed and evaluated the capacity of the purchases in the near future. JEL: M41; CZU: 657.1:330.564.64.