Role of Financial Managers in Post Corona Business

Abstract

The phenomenon of the financial crisis is an issue that itself is the consequence and effect of the economic misconduct of the world’s monetary powers is along with a severe recession in stock markets, oil prices falling, declining industrial production, the bankruptcy of banks and large industrial enterprises, and finally, in a word, it is accompanied by a sharp decline in economic growth and ultimately economic instability, in a word, a Severe decline sharp decline in wealth and unemployment, and intense decline in Economic growth and, ultimately, economic instability. A clear example of this damage and turmoil can be seen in the crisis caused by the outbreak of the Coronavirus, which has caused severe damage to the global economy and business .Meanwhile, companies and institutions became convinced of the importance of finance and its efficient management. There is no doubt that the success and recovery from this crisis of all businesses depend on the CFO and their key tasks. It becomes even more important in many small and large companies that do not have the ability to check their accounts and books and are unable to pay debts and settle and accounts, in addition to being one of the main needs of start-ups to continue his activity and life Rescue from the dire financial situation one after another has made the role of financial manager more prominent. As the emergence of financial crises caused by the coronavirus in general in the world has shifted all its attention and reliance on financial managers and their vital role the need to take measures to prevent and deal with the crisis by consultants and financial managers. As the of financial crises caused by the coronavirus the world in general, all the attention and reliance on financial managers and their vital role has become more prominent, the need for measures to prevent and deal with the crisis by financial advisers and managers he does. As the emergence of financial crises caused by the corona virus in general around the world has shifted all its attention and reliance on financial managers and their vital role. It necessitates the adoption of measures to prevent and deal with the crisis by financial advisers and managers. Therefore, considering this issue, the need to study the crisis and the role of financial managers in overcoming financial crises becomes more apparent. Therefore, in this review and library article, first a definition of financial crisis is presented and then the role of financial managers in post-corona business is studied and examined.