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Capturing the financial impact of COVID-19

COVID-19 is having an extraordinary impact on people’s lives, families and communities. The business disruption is similarly unprecedented across all sectors and industries.

As your organisation responds, it is important to capture contemporaneous evidence of the financial impact of the crisis to support how you quantify and explain the impact of COVID-19 to your key stakeholders, such as lenders, insurers, auditors, shareholders, suppliers, customers, regulators and counterparties.

Recording a chronology of your decisions made and a reasoned record of lost revenues, incremental costs and cost savings will often support key activities as you recover and move to business as usual.

We have outlined the key steps you can take in a new insight, click the link below to download.

“Gathering evidence in real time is a ‘no regrets’ decision for organisations to take now in quantifying the financial impact of COVID-19.”

Contact us

Joga Singh

Joga Singh

Partner, UK Head of Capital Markets, Accounting Advisory and Structuring Services, PwC United Kingdom

Tel: +44 (0)7808 328361

Ranjit Auluk

Ranjit Auluk

Rights Management, PwC United Kingdom

Tel: +44 (0)7803 853419

Ermelinda Beqiraj

Ermelinda Beqiraj

Partner, PwC United Kingdom

Tel: +44 (0)7872 005508

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