Cost Resilience amid and after COVID-19
Flourishing in uncertain times
These are unprecedented times; confronting many leaders with cost uncertainties. They may have to find ways to reduce costs and protect margins, considering how to fund new strategic priorities, and how to thrive by leveraging a scalable and flexible cost baseline.
The impact of the crisis on accounting
Taking control of financial reporting
COVID-19 has already had a significant impact on global financial markets. As the crisis continues and evolves and the risk of economic slowdown increases, it may have reporting and accounting implications for many business entities.
Managing a crisis
Proactive and prepared
Organisations are currently facing an ever-changing and increasing set of uncertainties and challenges in order to manage the COVID-19 crisis and remain resilient. Adopting a life cycle approach to manage crises will make them better equipped to take decisions at each phase and recover efficiently.
Scale-ups remain confident amid COVID-19 crisis
Eighty-three percent expect limited to no negative impact on financing
Seven out of ten scale-ups remain confident that they will successfully navigate the COVID-19 pandemic, and that their business may come out stronger and continue or even accelerate its growth trajectory, reveals Deloitte’s latest survey.