KPMG in Bahrain Showcases Key Actions for Business Leaders and Owners To Reduce and Overcome the Financial Distress Caused Due To the Impact of the COVID-19 Pandemic albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
KPMG to host webinar on financial restructuring
MANAMA, February 16, 2021 Professional services firm KPMG in Bahrain will host a webinar highlighting the impact of the Covid-19 on the profitability of family businesses and discuss benefits financial restructuring could provide towards building resilience. The impact of the Covid-19 outbreak is evident across all economic sectors in Bahrain and worldwide. In 2020, we witnessed what is considered to be the largest health and economic crisis in our modern age and many organizations have had to take extraordinary measures to comply with the governments’ precautionary measures to control the spread of the virus and to protect all their stakeholders alike.
Highlights
Professional services firm, KPMG in Bahrain, is gearing up to host an online awareness webinar to highlight the impact of the Covid-19 pandemic on the profitability of family businesses and discuss the potential benefits Financial Restructuring
Professional services firm, KPMG in Bahrain, is gearing up to host an online awareness webinar to highlight the impact of the Covid-19 pandemic on the profitability of family businesses and discuss the potential benefits Financial Restructuring could provide towards building the required resilience within the marketplace.
The impact of the COVID-19 outbreak is evident across all economic sectors in Bahrain and worldwide. In 2020, we witnessed what is considered to be the largest health and economic crisis in our modern age and many organizations have had to take extraordinary measures to comply with the governments’ precautionary measures to control the spread of the virus and to protect all their stakeholders alike. In most cases, this has had a significant negative impact on operations, revenues and financials within the marketplace. With the supply of vaccinations underway, 2021 is likely to be the year when the world gradually transitions towards a new norm. This also means that organizations will need to develop their future readiness to ensure that they can endure the impact from the COVID-19 pandemic over the medium to long term.