Managing Global Contracting during the COVID-19 Crisis Self-Study Webinar (1.5 Hours)

Overview: 

The worldwide economic impact of COVID-19 could result in cash flow impairment from disrupted operations, higher operating costs, and lost revenue. This self-study webinar will focus on best practices for creating and managing the contracting process on a global scale, as well as risks inherent in international contracting and the necessary controls required. Topics covered include:

  • Why global contracts matter
  • Types of global contracts
  • Management strategies
  • Common legal issues
  • Other finance, accounting and controls
Objective: 

To provide financial professionals with best practices for managing the global contracting process during the COVID-19 crisis, and equip them with an understanding of the inherent risks and necessary controls.

Emphasis: 
  • Types of global contracts
  • Global contract management strategies
    – Compliance
    – Analytical needs
    – Protecting company interest
  • Coordinating supplier and customer contracts and negotiations
  • Legal issues
    – Risk allocation, including force majeure
    – Intellectual property
    – Dispute resolution
  •  Business opportunities and risk
  • Customer- and procurement-focused organizations
  • Compliance and Accounting Issues
  • COVID-19 and ASC 606 contract modifications
  • The International Association for Contract and Commercial Management (IACCM)

Identify common legal issues within global contracting

Identify characteristics of efficient global contract management

Recognize the extent to which intellectual property is and is not protected by global contracting

Identify the most expensive form of dispute resolution

Recognize the role of contractual Force Majeure clauses in a COVID-19 environment

Recognize the accounting implications of a lease modification that does not result in a separate new lease

Recognize specified pandemic-related effects on global contracting
 

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Price: 
$99.00
Prerequisite: 

None.

Preparation: 

No advance preparation required.

Level of Knowledge: 

Overview.

CPE Credit: 
1.50
NASBA Field of Study: 
Business Law