Our Firm organised a Webinar on “Impact of Covid-19 on Business Processes & Risk Management and Financial Reporting & Sustainability”
The Technical Session was moderated by our Joint Managing Partner – Mr. Dhruv Chopra and presented by senior professionals of our Firm.
Topics covered in the Webinar:-
- Issues pertaining to Financial Reporting: Highlighting aspects of Indian Accounting Standards (Ind AS) / Accounting Standards (AS) pertaining to financial instruments, valuation of inventory, borrowing cost-expenses vs. capitalisation, Impairment of assets including investments.
- Business Processes and Risk Management: Risk assessment for major impact areas and evaluating risk mitigation measures to ensure adequate processes, control, efficiency and cost optimization.
- Highlighting the necessity of evaluating Financial Sustainability of your business by reviewing your business plan, projections, cost structures, revenue models under different scenario due to a future marred by uncertainties.
The Webinar was well attended and appreciated by the audience.
To watch full recording of the webinar please click on the image below:-