Webinar series on combating COVID-19

Valuations in the time of extraordinary disruption and unique innovation

Date: 4 December 2020

In an era of unprecedented change, many market participants are grappling with how to develop reliable business valuations arising as a result of various factors:

• Dramatic acceleration of the use of technology by businesses, consumers, service providers, and other stakeholders
• Need for innovation as business models undergo medium term and long-term disruption
• Continued uncertainty given the possibility of a “second wave”
• Volatile global geo-political and economic environment, including wide-ranging fiscal and monetary stimuli, backlash against globalisation characterised by trade wars, and “country first” goals.
  

To discuss perspectives on these issues, Deloitte Touche Tohmatsu India LLP along with Professor Aswath Damodaran, Professor of Finance at the Stern School of Business at New York University, hosted a webinar to learn about ways to approach business valuations in such situations. 

Considerations for Faster Economic Growth post COVID-19

Businesses across industry sectors are likely to go through an extended, though finite, period of reduced revenues and continuing fixed costs. Whilst generally revenues have come to a grinding halt, salaries and wages and other costs continue so that the business sustains as a going concern. These are essential “COVID Crisis Investments” made by businesses, alongside the governments in the fight against the pandemic.

To discuss general aspects on how to avoid a systemic failure among businesses and the banking industry as the lockdown concludes (as a result of steep decline in asset quality, and a string of covenant breaches and defaults), Deloitte Touche Tohmatsu India LLP hosted a webinar on Towards faster economic recovery after COVID-19: Suggestions for banks, businesses, and other stakeholders.
 

Impact of COVID-19 on corporate fraud and compliance

Date: 28 April 2020

As COVID-19 continues to spread, its impact on business is becoming apparent. Historically, there has been an unearthing of large-scale corporate fraud, misconduct or non-compliance, following most natural disasters or pandemics. With this context, we need to stay vigilant amidst the chaos brought about by the current pandemic.

To help you understand the challenges organisations are increasingly facing in the corporate fraud arena, we hosted a webinar on 28 April 2020 on “Impact of COVID-19 on corporate fraud and compliance”.This session will focus on how COVID-19 can affect the state of corporate fraud, while outlining preventive measures. It briefly focused on:

• The current fraud landscape and corporate preparedness
• Historical implementation of actions around corporate fraud
• Mitigation measures to consider

Contract Failures in light of COVID-19

Date: 24 April 2020
Time: 3:00 p.m. - 4:00 p.m.

As COVID-19 continues to spread, its impact on business is becoming apparent. Historically, there has been an unearthing of large-scale contractual risks, following most natural disasters or pandemics. With this context, we need to stay vigilant amidst the chaos brought about by the current pandemic.

To help understand the challenges with regard to contractual risks and the enforcement measures that can be taken to mitigate the risks , we hosted a webinar in association with J Sagar Associates on 24th April 2020.

Undertaking effective due diligence amidst the COVID-19 crisis

Date: 21 April 2020
Time: 3:00 p.m. - 4:00 p.m.

The emergence and rapid spread of COVID-19 continues to impact businesses.

Given the challenges in operations and limited mobility, organisations may face multiple constraints while carrying out forensic due diligence procedures—while on-boarding new vendors or making decisions pertaining to new investments.

Deloitte India, along with Trilegal, organised a webinar to discuss current constraints and opportunities for organisations to effectively undertake forensic due diligence.

Potential impact of COVID-19 on Anti-bribery and Corruption compliances

Date: 13 April 2020
Time: 3:00 p.m. - 4:00 p.m.

Organisations are exposed to several risks, owing to the business disruptions adopted to tackle the spread of COVID-19. The risk of bribery and corruption remains high. As organisations battle for survival, it can be tempting to deprioritise anti-bribery and corruption (ABC) compliance, to meet business priorities.

However, past experience shows that adhering to anti-bribery and corruption compliance programmes not only help organisations tide over tough times, but also enhance their reputation. Let us better understand the potential risks in light of COVID-19, and measures to mitigate them.

To help you understand this, we hosted a webinar on 13 April 2020 that primarily focused on:

• Overview of the ABC regulatory and enforcement landscape during COVID-19
• Heightened risks, and examples from the past
• Risk of sources of corruption
• Best practices followed by the companies 
• Re-defining ethical boundaries within organisations