Financial Leadership during the COVID-19 Crisis: An Expert Panel Discussion Webinar (1 Hour)

Overview: 

In this timely webinar, Senior Financial Executives from three major multinational companies will offer insights on how they are managing and navigating their businesses, as well as guidance for dealing with disruptions caused by stay-at-home orders and the long-term financial impact of COVID-19. Topics include:

  • Managing accounting and finance functions via remote workforce
  • Ensuring Internal Control over Financial Reporting
  • Managing budgeting and profit planning, and communicating with stakeholders
  • Overcoming cultural and language barriers in international operations

    ...and much more

Emphasis: 
  • Accounting and finance functions
    – Closing of books
    – Cash and treasury management
    – Budgeting
    – Collections on receivables
    – Forecasting cash flow
    – Valuation and goodwill
    – Relationships with banks and customers
    – Managing a remote workforce
  • Government stimulus and subsidies
    – How strong is your ability to get funding?
  • FASB and IASB updates for COVID-19
    – Credit facility considerations for financial statement disclosures
    – Credit concessions for customers
    – Potential issues for goodwill impairment
  • Budgeting and profit planning—communicating with stakeholders
  • Managing risks
  • The impact on employment
    – Hiring staff and talent
    – Tools for remote hiring
    – Language barriers
    – Outsourcing
  • Operating in a global environment
    – Cultural and language challenges
    – Coordinating time zones
    – Foreign business practices
    – International holidays
    – Video conferencing
  • The FCPA (Foreign Corrupt Practices Act)
    – Ethics training for international businesses
    – Monitoring policies and practices
    – Third-party issues
    – Whistleblower programs
     
Bottom
Prerequisite: 

None.

Preparation: 

No advance preparation required.

Level of Knowledge: 

Overview.

CPE Credit: 
1.00
NASBA Field of Study: 
Finance