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Economic effects of coronavirus

Since the beginning of 2020, the coronavirus has been spreading worldwide at an enormous speed and poses considerable challenges for both individual companies and entire economies. Sectors such as tourism and gastronomy are already experiencing enormous sales losses. Companies dependent on supplies from abroad are confronted with disruptions in their supply chains. Everywhere there is a risk of staff losses due to illness or government-imposed quarantine measures.

Com­pa­nies in Ger­many are also af­fec­ted. Mea­su­res are re­qui­red to pro­tect their own work­force. Supply failures and dis­rup­ti­ons in ac­cep­tance on the cu­st­omer side must be coun­tered. Con­se­quen­tial ef­fects will arise in ques­ti­ons of fi­nan­cing up to and in­clu­ding ac­coun­ting.

With our mul­ti­di­sci­pli­nary ap­proach, we can sup­port you in mas­te­ring these chal­len­ges and proac­tively take mea­su­res to cushion the eco­no­mic im­pact of the corona epi­de­mic and in­te­grate ap­pro­priate cri­sis ma­nage­ment into the com­pany's in­ter­nal pro­ces­ses.


Publications

  • Tax measures in Germany in the corona crisis
  • measures and instruments to help deal with the corona crisis

no­vus IFRS 1st Edi­tion 2021

to the PDF download