Global BV News: Auditors seek multiple scenarios for COVID-19 impact

BVWireIssue #213-4
June 24, 2020

global business valuation
economic forecast, international business valuation, coronavirus, COVID-19

To evaluate the possible outcomes of COVID-19 on valuation, auditors are looking for multiple scenarios for projections, reports a panel on a newly released webinar, June 2020 Update—COVID Webinar. Michael Badham, executive director of the International Institute of Business Valuers (iiBV), moderates the webinar (which is free). The panel consists of Yann Magnan, IVSC European Board chair (UK); Andrew Ooi, partner at Deloitte (Southeast Asia); Carla Nunes, Duff & Phelps (USA); and David Pearson, Leadenhall (Australia). The panel discussed various topics, including asset impairments, projections, cost of capital, and more. The first webinar, iiBV’s Impact of COVID19—Global Perspectives, was done in April.
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