ABSTRACT
This paper assesses the extension and timeliness of disclosures of COVID-19 impacts on the financial condition and performance of Colombian companies. A disclosure index was designed based on the Technical Council of Public Accounting guidelines. An exploratory exercise and content analysis were conducted on the notes to the financial statements for the years 2019 and 2020 of twelve companies listed on the Colombian Stock Exchange, which are representative of the primary, secondary, and tertiary sectors of the economy. Although it was identified that the information disclosed has increased with time, the findings show limitations in the extension and timeliness of the information disclosed. It is concluded that the companies studied only disclose the effect of the uncertainty situation when the risk is likely to materialize and not when it is potential, thus reducing the relevance of the information included in the financial statements and affecting the stakeholder decision-making process.