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Tax & Accounting01 June, 2020

The new new normal: accountancy after COVID-19

Steering through the impact COVID-19 continues to make on your practice is now becoming a long-term strategy.

As you answer the question, “Where do we go from here?” and navigate your way back to some resemblance of normality, Wolters Kluwer is at your side with the information and resources you need.

There are lessons to be learned from history to ensure your practice comes out on top. As we slowly move into a new phase of the COVID-19 pandemic, thinking about how you will adapt to the here and now is important. But don’t forget to think seriously about the roles, technology and relationships you will need in a period of growth.

In this article, Lead Product Manager for Compliance and former practice partner, Dean Shepherd will take you through:

  • how previous economic downturns impacted firms and how forward-thinking firms were able to adapt,
  • why recruiting for the future upturn will be important in the context of furloughed staff and cash saving missions,
  • how continued investment in digitalisation will be as important as adapting to remote working,
  • the power of business insight and how you can prepare your clients for the future.

This is a must read for anyone thinking about the long term not just for making it out of an economic downturn but a strategy for riding the economic upturn.

Download the new new normal accountancy after COVID-19

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