Resources from FEI National
To help finance executives navigate this challenging time, FEI has released a number of resources to help guide you through the COVID-19 crisis. From
strategies for keeping your composure while leading through COVID-19 to information on
how lease accounting will be affected by the virus. For additional resources, visit the
FEI COVID-19 Dashboard for news, analysis and opportunities for finance executives.
Resources from the Small Business Administration
The Small Business Administration also has a number of resources available on their website, including information on funding options, guidance for businesses and employers, links to local assistance and job opportunities. For more information, visit
www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources.
Resources from our Sponsors
In addition, our sponsors have released a number of resources to help members navigate COVID-19. These include unique analytics tools, webinars, and expert advice.
Cherry Bekaert, LLP COVID-19 Dashboard
Cherry Bekaert’s new Icimo Analytics division has developed a
COVID-19 dashboard and analysis solution that can give insight into geographical revenue impacts, exposure potential for employees, customers and suppliers, and financial implications of various scenarios. No need to access ERP systems. Companies can upload their own data into the secure tool. For more information, visit
www.icimo.com/covid-19-resource-analysis. Or contact Geraldine Grady at
[email protected].
PwC COVID-19 Navigator
PwC launched the
PwC COVID-19 Navigator – an online, interactive tool designed to help you and your leadership team better understand where you are on the path toward COVID-19 preparedness. The tool will assess your preparedness in six categories: crisis management and response, workforce, operations and supply chain, finance and liquidity, tax and trade, and strategy and brand. Based on your responses, it will provide you with a customized report with insight and recommendations. To access the PwC COVID-19 Navigator, visit:
www.pwcresearch.com/uc/COVID-19Navigator.
Aon COVID-19 Planning & Response Tool Kit
Aon has produced the
COVID-19 Response Tool Kit which outlines key planning topics and decision points to consider as part of your pandemic preparedness and response efforts. The Tool Kit is intended to help you facilitate discussion within your organization by focusing on important aspects of generally acknowledged pandemic planning and response efforts. This Tool Kit offers practical guidance across risk and duty of care areas, with a focus on:
- Supply chain interruption
- Crisis management
- Colleague Communications
- Duty of care for staff (including guidance for external workers)
- Facility management and security
To access this tool, visit
www.aon.com/COVID-19-Response-Planning-Tool-Kit. Or contact Brian Hanrahan at
[email protected] for more information.
COVID-19: Key Accounting, Financial Reporting, and Internal Control Considerations
Morgan Franklin Consulting, the newest Vaco company that provides the firm a managed services arm in finance and accounting, shared their expertise on the complex accounting implications that result from the economic changes caused by COVID-19 on a free webinar earlier this month. Topics covered included:
- Revenue Recognition
- Interim Period/Trigger-Driven Impairment Testing
- Debt Covenant, Debt Modification, and Debt Restructuring Considerations
- MD&A and Other Financial Reporting Considerations
- Internal Control Considerations
To access this on-demand webinar,
click here.
The Virtual Close: Closing the Books While Sheltered in Place
RGP will host a free lunch-time webinar on May 13 on the topic of closing the books while sheltered in place. For many firms, the period-end close is a time when the finance and accounting team works long, stressful hours. It’s a complex process that may be painful during “business as usual,” but when business is anything but usual and members of the team are working in a distributed environment (most likely sheltered in place), the complexity can be compounded exponentially. Join RGP and their Finance Transformation leader, Andy Jones, to discuss how leading practices can bring stability to your period end.
To register for this webinar,
click here.
Shumaker, Loop & Kendrick, LLP Shares Expertise
Kent Ihrig – partner at Shumaker, Loop & Kendrick, LLP, and financial services department administrator – is sharing his expertise on several key topics to help businesses navigate COVID-19. These include:
Kent has substantial experience in representing financial institutions and other lenders in a wide variety of domestic and international commercial lending and related activities. He can be reached at
[email protected] or (813) 227-2354.
Economic Outlook from Fifth Third Bank
Fifth Third Bank is sharing their expertise on a number of topics, including the economic outlook in the wake of COVID-19 and financial tips to help individuals navigate the pandemic. These include:
Gunster Establishes Multi-Disciplinary Effort to Support Clients
In response to COVID-19, Gunster has established a multi-disciplinary, coordinated effort to help clients navigate a myriad of business and legal issues they may be facing. For an updated list of client alerts, including news and insights on COVID-19, visit
gunster.com/covid19.