COVID – 19 Business Impact Analysis

COVID And Business Continuity CPE = 1.5

On March 27, 2020, Congress agreed to, and President Trump signed into law a $2 trillion economic relief plan. The plan will offer assistance to tens of millions of American households affected by the coronavirus pandemic. Its components include stimulus payments to individuals, expanded unemployment coverage, student loan changes, different retirement account rules and more.

Whether you are a sole proprietor or a CEO of a large multi-national organization, you are most likely considering actions your organization should be taking to preserve liquidity, communicate with customers, manage your employee’s and evaluate your supply chain. The wave of “work-at-home” and quarantine times will make the effective handling of business continuity more difficult.

As the world and all organizations continue to work through the issues created by the COVID-19 crisis, it is essential for the life of our economy that corporate and business leaders pro-actively develop processes to enable them to effectively react to the critical business impacts being seen and felt all over the world. If the economy is to recover and stabilize, business must not just react but also establish plans to “return to our new normal”. What is the new normal? Day-by-day that is changing, but just like any other business continuity process we must learn how to adapt and react.

After attending this event you will be able to:

  • Understanding the new Stimulus Bill
  • Managing people and human resource concerns
  • Working with the supply chain
  • Balance corporate liquidity
  • Understand governmental, legislative and community requirements
  • Examine needs for open, relevant and timely communication with stakeholders.
  • Understanding technology challenges amid COVID-19.

Field: Auditing
CPE: 1.5
Delivery Method: Self-Study
Format: Video

Your Instructor

Lynn Fountain
Lynn Fountain

Consultant, CPA, CGMA, CRMA, MBA, Past Chief Audit Executive
Business Consultant, Trainer, Author

Ms. Fountain has over 40 years of experience in the business profession, which includes public and industry accounting and over 20 years within internal and external auditing combined. She is a nationally recognized trainer and speaker and also a published author. She is a subject matter expert and specializes in Internal Audit, Sarbanes-Oxley, Enterprise Risk Management, Fraud, Governance and Compliance. Ms. Fountain has held two Chief Audit Executive positions for international companies. She currently performs consulting for companies on internal audit, risk management, internal controls, SSAE 18, financial reporting and accounting along with performing training. She has also been instrumental in the establishment of ERM, Sarbanes-Oxley and Governance frameworks.

Ms. Fountain has authored a publication for the Institute of Internal Auditors Research Foundation (IIARF) titled “Raise the Red Flag – The Internal Auditors Guide to Fraud Evaluations”. The publication will be released April 20, 2015. In addition, she is authoring a publication for Auerbach on “The Realities of performing the Chief Audit Executive Role”. The publication will be released in the Fall 2015. In addition, she has performed as an adjunct instructor for the School of Business for Grantham University and the School of Business at the University of Kansas.

Ms. Fountain obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has active, current CPA, CGMA, and CRMA credentials.

Frequently Asked Questions

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