As the United States is grappling with the process of the reopening of the economy while the new surge in cases may result in the re-imposition of business closures and stay-at-home orders, public companies find themselves in a new phase of disclosures around the impact of COVID-19 on their businesses and operations.
For most companies with a December 31 fiscal or quarter end, the burgeoning spread of the COVID-19 virus was not fully felt or understood in the public company reporting that occurred in February and even March. However, as COVID-19 rapidly spread in the United States and the rest of the world - and was declared to be a pandemic by the World Health Organization in March - it impacted nearly all industries and businesses.
Please see full publication below for more information.