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Impact of Covid 19 on Going Concern

Impact of Covid 19 on Going Concern

  • Published on: Aug 03, 2020

The rapid outbreak of the Coronavirus (COVID-19) is an evolving crisis, which has been labelled a pandemic by many countries and institutions, including the World Health Organization. The COVID – 19 outbreak has already had a significant effect on the economies and international financial markets. To stop its spread Business has been stopped and population are ordered to stay at home. This has forced the government to provide stimulus packages in a hope to revive their economies.

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