Lessons We Can Learn from Government and Accounting Relief Measures during the COVID-19 Pandemic: A Comparative Study

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dc.contributor.authorNattapan Tantikul
dc.contributor.authorWanvitu Soranarak
dc.contributor.correspondenceN. Tantikul; Faculty of Management Science, Suan Dusit University, Bangkok, 10300, Thailand; email: nattapan_t@yahoo.com
dc.date.accessioned2025-03-10T07:34:45Z
dc.date.available2025-03-10T07:34:45Z
dc.date.issued2023
dc.description.abstractGovernments around the world always face extreme uncertainty and unprecedented challenges. Food insecurity, climate change, and child labor and trafficking are among the top crises in the modern world. However, nowadays, the outbreak of the COVID-19 pandemic is considered as the newest global crisis and the greatest challenge we have confronted since World War II. To alleviate the impact of COVID-19 pandemic, most governments have approved several kinds of government relief measures and stimulus packages that might be different, but appropriate for epidemiological and economic situations among countries. Furthermore, to support the government policies towards business in response to COVID-19, many accounting organizations around the world also provided some recommendations and guidance such as on government grants, for both financial statement preparers and users during the time of the crisis. In addition, in some countries such as Thailand, there were some accounting relief measures to help lessen the negative impacts of any managementÕs unreasonable judgement and unreliable estimates during the time of high uncertainty. It is undeniable that the COVID-19 shapes our modern history, and it is important and valuable lesson that we can learn from the past. Because government and accounting relief measures might have both benefits and potential drawbacks that we must compromise, learning from the COVID-19 crisis we are facing today will help us better understand how the relief measures work now, and it might help us determine how to approach any crisis prudently and effectively in the future. © 2023, Research and Development Institute Suan Dusit University. All rights reserved.
dc.identifier.citationJournal of Multidisciplinary in Social Sciences
dc.identifier.issn26730235
dc.identifier.scopus2-s2.0-85170659721
dc.identifier.urihttps://repository.dusit.ac.th//handle/123456789/4585
dc.languageEnglish
dc.publisherResearch and Development Institute Suan Dusit University
dc.rights.holderScopus
dc.subjectAccounting considerations
dc.subjectAccounting relief measures
dc.subjectCOVID-19 Pandemic
dc.subjectGovernment relief measures
dc.titleLessons We Can Learn from Government and Accounting Relief Measures during the COVID-19 Pandemic: A Comparative Study
dc.typeArticle
mods.location.urlhttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85170659721&partnerID=40&md5=8634d2f78d7f0a3783923730c159da9a
oaire.citation.endPage98
oaire.citation.issue1
oaire.citation.startPage84
oaire.citation.volume19
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