KENNETH KIM BARRON

SYNOPSIS ABOUT COVID 19

The magnitude of disruption from the Covid-19 pandemic has significantly impacted
organizations of all sizes, across all industry sectors. Management and those charged with
governance (TCWG) are having to make difficult decisions daily about operational, financial, and
strategic matters.

The consequences on financial statement reporting and audit engagements are complex. There is
an unprecedented level of uncertainty about the economy, future earnings and many other inputs
that represent fundamental elements of financial reporting. There will be multiple financial
reporting implications to be considered by preparers of financial statements for the purposes of
reporting in the short and potentially medium term.

We are living in an unprecedented time as globally, we are all dealing with the interruptions,
disruptions, and changes to our lives due to the COVID-19 pandemic. No matter how frustrating,
confusing, or scary this crisis gets, fear doesn’t have the final say. 1 John 4:18 says, “There is no
fear in love, but perfect love casts out fear.” Our hope is built on the perfect love of Jesus Christ,
so we’ve been called to share that love with the world.

Fear will not have the last word, but love and hope will! Let us use these troubled times as a way
to “journey with the youth,” a way to empower our youth in such a way that will connect them
like never before. A simple but compelling way to do this is through the power of
story. Specifically, let us allow our youth to share their stories with each other as they experience
and live through these uncertain times. Let us invite them into conversation with each other
through the windows of their worlds in their own voices.

The coronavirus started as much less of a real threat than it is now. I think it’s fair to say that most
of the country was not worried about how it might affect us when we first heard about it. Now
that it is in full swing in the United States, we are all now well aware of how much of a threat it is.
My life has been completely uprooted because of the virus. As soon as the potential for a state-
wide quarantine became a possibility, my parents decided to move us out to our house in Paso
Robles temporarily. Because of the slow internet here remote learning has become nearly
impossible to do effectively. I find that I have a lot more time to myself which provides more
reflection time which I will always welcome, but not having the option to be with others has been
really hard. I hope that everyone around the world can recognize the danger that COVID-19 poses
to us, and that everyone stays safe and healthy.