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The novel coronavirus began as a health threat, but it didn’t stay just a problem for doctors, nurses, and patients. Efforts to stem the virus’s spread have led to a downturn that has affected economies around the world.
For pharma giant GSK’s CFO, getting the finance basics right, supporting team members, and ensuring cash to run the business make up the toolkit to combat COVID-19.
Andrew Harding, chief executive–Management Accounting at the Association of International Certified Professional Accountants, says finance leaders need to be resilient both for themselves and for their teams.
The coronavirus pandemic is forcing businesses worldwide to tightly manage their cash. Here are five critical steps to tackle liquidity stress in a crisis.
Ben Press, ACMA, CGMA, BrewDog’s retail finance manager, explains how the company quickly switched production from gin, rum, and vodka to hand sanitiser.