Wednesday, July 15, 2020

COVID-19 Impact On Accounting Industries.

At Outbooks, we offer Accounting and Outsourcing service for bookkeepers in the UK and this is the place our interests lie. So today we will examine how the Covid-19 is affecting the Accounting business.

Impacts on the Accounting Industry:

  • Restructuring plans 
  • Delay in payments or breach of agreements
  • Unable to cope up with the digitisation of tax and cloud accounting software
  • Transitioning to remote work culture
  • Ongoing considerations

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