The COVID-19 outbreak has been declared a pandemic by the World Health Organisation, causing huge impact on people's lives, families and communities. As the international response continues to develop, we recognise that organisations are also facing potentially significant challenges which require prompt attention.
The government, the media, business and the wider population are all asking 'What does this mean for me?' As Treasurers and finance professionals, you are likely to be asked similar questions by your board and senior management in terms of both potential business impact and your plans to address any resultant risks.
These questions will be asked not only to ensure a robust and commercially astute response to minimise the negative impacts of COVID-19 and maintain the delivery of your critical business processes but also to protect your people and assets.
PwC is focused on helping businesses understand potential COVID-19 scenarios to inform and support crisis and response planning.