IG Business and Finance recognizes the challenges finance leaders are facing with respect to the dynamic situation posed by COVID-19 pandemic. The situation impacts business operations, difficulty in business predicting forecast and importantly the effects on financial reporting. In this challenging time, regulators, shareholders and other stakeholders are urging and relying on companies to ensure their financial reporting system.
To support the business managers, finance professional and all stakeholders, IGBF organized a finance leadership forum (webinar) on the 25-Apri-2020. The online event had two panelists who spoke about the potential impact of COVID-19 on Gambian businesses and financial accounting and reporting considerations for companies in determining the impacts of Coronavirus on year-end, and quarterly reports in line with IFRS. You can view the recorded video of the Webinar.
1. Potential Impact of COVID-19 on Gambian Businesses by Musa Suwa
2. Accounting Considerations of COVID-19 by Ebrima Sawaneh
3. Question and Answer Session anchored by Salifu Bah
With the continued spread of Coronavirus and its overwhelming effect on the global economy, we anticipate companies will experience complex issues in managing business operations, strategy and reporting to different stakeholders. It will undoubtedly introduce challenges to the overall community. As the situation remains fluid, finance leaders should stay abreast of the developments as COVID-19 impacts their operations and reporting requirements.