OpenID Connect login
Balance Sheet Approach in Times of COVID-19
The PULSAR program hosted a joint Smart Interactive Talk (SIT) of Financial Reporting (FinCoP) and Education (EduCoP) Communities of Practice.
The webinar “Balance Sheet Approach in times of COVID-19” was held online via KUDO Platform, on June 23, 2020, 8:30 am - 9:30 am EST.
Governments are faced with unprecedented fiscal decisions in their response to the COVID-19 pandemic. They are spending and borrowing more, even as domestic revenues fall. Financial statements, such as government balance sheets, and the information they provide, can play a critical role in informing how scarce resources are allocated.
The main objective of this virtual workshop was to discuss and provide information to the participants on how to interpret, reflect and project the impact of government decision-making during crisis on Balance Sheets of Governments. Some of the topics discussed during the workshop were:
- What are the most likely medium term trends in impact on Statement of Financial Performance, Statement of Financial Position and Cash flow statement of Governments;
- How can Balance Sheet approach support long-term thinking, counteracting illusions and protecting Government net worth
- How should Public Sector Training curriculum incorporate Balance Sheet approach?
"PULSAR Smart Interactive Talk - Balance Sheet Approach in times of COVID-19'" Agenda
Agenda for virtual event to be held on June 23, 2020.
Government Financial Reporting in Times of COVID-19
How can Balance Sheet approach support long-term thinking, counteracting illusions and protecting Government net worth? In addition to bringing the approach into training programs.
UK Experiences on Balance Sheet Review: Fiscal Response to COVID-19
Emerging trends in the United Kingdom from Balance Sheet review and their influence on fiscal policies in the context of COVID19.
Impact of COVID-19 on Financial Statements
How are key line items of revenues, expenses, assets, liabilities, cash flows and equity of Government impacted? How are trends to be interpreted?