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Accounting considerations related to COVID-19 — Employee benefits

Published on: 18 May 2020

Entities may be considering or implementing restructuring plans to mitigate their exposures associated with unforeseen consequences of the COVID-19 pandemic. In determining how to account for these measures, entities must start by identifying the nature and characteristics of each proposed compensation plan because it may affect the timing of the recognition of the benefits provided to employees. Learn more about how to account for employee benefits in response to COVID-19 in this video.

This video is part of our series of videos on accounting considerations with regard to COVID-19.

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