This study aims to assess the impacts of COVID-19 on International Financial Reporting Standards (IFRS), because of the problems associated with changing and amending the financial reports according to the policies established based on the circumstances of the epidemic. The study sample targeted several international financial reports that were amended based on epidemic conditions. The revised financial reporting period provides standardized reporting procedures for financial transactions worldwide despite the pandemic. Therefore, IFRS has been used to reduce challenges in financial reporting by monitoring the duration of social distancing while reporting matters to eliminate confirmed uncertainty and judgment. After analyzing the data obtained through global search engines, the results conducted provided evidence that COVID-19 affects financial reporting in companies around the world. Therefore, companies face difficulty reporting finances based on the challenging environment that the pandemic represents. Besides, IFRS fair value measurements consider the prices that were predicted according to current market values. The contexts of the changing the standards by IFRS to curb the effects of the COVID19 financial reporting was attained through evaluation of the online files that were randomly selected and filtered to obtain valid data.

Abstract
1. Introduction
2. Overview of Financial Reporting
    2.1. IFRS 2-Share-Based Payment
    2.2. IFRS-13 Fair Value Measurements (FVM)
    2.3. IFRS-9 Reporting Expected Credit LossAssessment (ECL)
    2.4. IFRS-15 Revenue from Contracts with Clients
    2.5. The Impact of COVID-19 to IFRS Adoption
    2.6. Effects of COVID-19 on ShareholdersReporting
    2.7. SWOT Analysis: Effects of COVID-19 toIFRS
    2.8. IFRS-8 Departmental Operating Reports
3. Methodology
    3.1. Random Sampling Metho
    3.2. Limitations of Random Sampling
    3.3. Advantages of Random Sampling
4. Data and Findings
5. Discussion and Conclusion
    5.1. Discussion
    5.2. Managerial Implications
    5.3. Conclusion
References

• Ali Khazaal JABBAR(Department Business of Administration, College of Administration and Economics, Universityy of Misan, Iraq.)
• Aymen Raheem Abdulaali ALMAYYAHI(Accounting Technical Department, Management Technical College, Southern Technical University, Basrah, Iraq.)
• Ibrahem Mohamed ALI(Department of Accounting, College of Administration and Economics, University of Al Hamdaniya, Iraq.)
• Alhamzah ALNOOR([1] Lecturer, Management Technical College, Southern Technical University, Iraq [2] PhD Student, School of Management, Universiti Sains Malaysia, Malaysia) Corresponding Author