The COVID-19 crisis has created unprecedented challenges for all organizations. Dispersed workforces have presented challenges to the CFO organization in preparing financial statements and sustaining other critical activities. It has also forced finance functions to take a closer look at impairment, valuation, net realizable value, loss contingency and exposure considerations, to name just a few areas. By virtue of their role as strategic and financial managers and scorekeepers, CFOs, controllers and FP&A professionals are in a unique position to view corporate risks across the enterprise. They are also in a unique position to help develop plans for recovery.
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