C. Key in Forecasting the Outlook What is most important in terms of the outlook is that the degree of uncertainty over COVID-19 constraining economic activity decreases on the back of, for example, further progress with vaccinations, so that private consumption will no longer be sluggish.
Requiring companies to adopt market value accounting where it is not consistent with business strategies can cause them to incur significant costs to provide information that may not realistically reflect way underlying circumstances or trends in performance.