Finance

The fear factor and counting covid risk

Jenny Ruth
Sun, 07 Feb 2021

The fear factor and counting covid risk
Jenny Ruth
Sun, 07 Feb 2021
Were auditors and valuers overly conservative last year after the covid-19 crisis blew up? Already we've seen a rush of upward revaluations of hard assets such as property, reversing last year's devaluations. But that's cold comfort for those companies forced to write down goodwill, because the only way to raise the value of goodwill once it's been written down is to sell the business. It's also cold comfort to shareholders of listed companies, such as Metlifecare and Abano Healthcare, that were taken over las...

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