Article:

COVID-19: Impact and Risk Response

16 March 2020

The outbreak of a new coronavirus disease, now called COVID-19 and sometimes referred to as novel coronavirus or 2019-nCoV, was recently identified. New Zealand is not immune. As it’s still uncertain how long this outbreak may last, we recommend that businesses carry out a thorough assessment of the risks and potential impact of COVID-19 on their operations, and implement swift responses to limit business disruption.

This guide aims to provide insights in relation to the impacts of COVID-19. It gives general risk response guidance for businesses to consider when deploying business continuity planning (BCP) measures to combat the outbreak and, more importantly, to maintain the agility to overcome difficulties. 

We understand that a single set of procedures or responses might not fit all organisations or each individual situation. Please feel free to contact your BDO adviser to discuss your specific challenges.

Information included in this insight was last updated on 16.03.2020

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