Tax Incentives and Remedies
In times of crisis, incentivizing and encouraging a particular sector or industry might be one of the approach governments use in order to boost the economic activity. It is highly important to acknowledge the positive and negative impact that these incentives and remedies have on the economy.
Accounting and Reporting
As the coronavirus pandemic continues to spread in many countries, companies witness economic effects that have an impact on their accounting, reporting and auditing financial statements. Businesses will need to consider what will be the implications and how will affect their businesses.
Running a business in the middle of a pandemic could be a challenge for business leaders worldwide. How can businesses handle the challenges related to corporate governance? How can short term fire-fighting can be balanced with a sense of perspective regarding a long-term purpose?