22 January 2016
Demystifying the requirements of the new longer-term viability statement
Companies across the UK are now preparing their new longer-term viability statement. To do so, companies need to bring together their pre-existing forecasting tools with robust risk assessment and scenario planning.
Organisations are wrestling with a number of challenges, chief among which are how to identify the appropriate lookout period and how to reconfirm the principal risks, as well as understand how these risks – individually or grouped – could impact cash forecasts.