Accounting Crises in the Food Sector during the COVID-19 Pandemic – Case Study
Keywords:
accounting, pandemic, food industry, financial reporting, IFRS standards.Abstract
The COVID-19 pandemic has generated a systemic crisis with profound implications for all economic sectors, including food, considered essential in the functional architecture of society. Although activities in the food industry continued largely during the period of restrictions, this sector was not immune to economic, financial and accounting dysfunctions. Sudden changes in supply and demand, disruptions in supply chains and widespread uncertainty have led food companies to operate in a climate characterized by instability, budgetary pressures and major difficulties in the financial reporting process. This paper analyzes the accounting crises that occurred in the food sector in the context of the pandemic, highlighting the regulatory, operational and strategic challenges.
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