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The Wider COVID-19 Impact on Employers

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Learning objectives    

   By the end of this event the participant should:   

• Understand the potential impact of COVID-19 on: 

  • Businesses;  

  • Employers;  

  • Employees; and  

  • Other relevant parties. 

• Be aware of the wider consequences that may result from COVID-19 including: 

  • Legal repercussions; 

  • Cyber security concerns; 

  • Accounting considerations; 

  • Insolvency consequences (including the basics of Business Rescue); and 

  • Directors’ liability in financially distressed times. 

• Be aware of the salient legal references: 

  • Labour legislation; 

  • Basic Conditions of Employment Act; 

  • Companies Act & Regulations; and  

  • Occupational Health & Safety Act.  

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Content   

   The webinar will cover the following topics:   

• Introduction. 

• COVID-19 potential impact on various parties. 

• Wider consequences:  

  • Legal repercussions. 

  • Employment issues. 

  • Cyber security concerns. 

  • Accounting considerations. 

    • Impairment. 

    • Subsequent events. 

    • Going concern. 

    • Disclosure. 

  • Insolvency consequences - Basics of business rescue. 

  • Directors’ liability in financially distressed times. 

• Legal references: 

  • BCEA.  

  • Companies Act & Regulations.  

  • Occupational Health & Safety Act.