The COVID-19 outbreak has taken a toll on all of us -  unfortunately for some more than others, and in order to mitigate this, several considerations had to be well-thought-out including the implications on financial reporting as well as the way that a statutory audit shall be tackled due to these exceptional times.

These were somewhat considerations already engrained in us as it is our ‘bread and butter’, but what reflections were considered in order to ensure that we remain compliant with the fundamental principles? Where we considerate of our Independence and Ethical behaviour? As guidance, when facing dilemmas on the latter, the International Ethics Standard Board for Accountants (IESBA) has published a questions and answers document which can be found here.