We’re operating in uncharted waters. The current and potential effects of the COVID-19 outbreak are difficult to assess and predict, but the way companies plan for uncertainty and respond to events is often watched by the financial markets. As COVID-19 will impact many areas of accounting and reporting for all industries, conversations with clients and industry leaders have helped us summarize the top 5 financial reporting considerations for the shipping industry. It is important to note though, that while these issues have been grouped under 5 headings, they will in many cases be interrelated.
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The Panama Canal, a monumental engineering feat connecting the Atlantic and Pacific Oceans, faces a formidable adversary: drought. As climate change exacerbates water scarcity issues globally, the canal’s reliance on […]
- AI Takes the Helm? How Technology is Changing the Global Shipping Industry
Introduction AI is a type of technology that can learn from data and make predictions. It’s also called machine learning, deep learning, and neural networks. AI has been around for […]