Accounting And The Accounting System - amazonia.fiocruz.br

Accounting And The Accounting System - final

The accounting industry has, for generations, been the model of gradual evolution. Prior to the Coronavirus upheaval of , most U. While modernization and technological advancements were in the works, change has not come readily to the accounting industry at large. That all changed with the pandemic. Small businesses in particular found themselves thrust into the vortex of a cyclone that threatened to rip them from their foundations and tear them apart. Not only were bookkeeping firms not immune to the virulent challenges of trying to keep their own doors open, the vortex sucked them in right along with their clients. The plodding pace of change in the decade preceding shifted from evolution to revolution, bringing with it unique challenges, pressures, and questions. With the winds of change whipping around them, accountants have witnessed as much innovation in their industry in the last six months as there was in the previous six years. According to an article on BDO. Accounting And The Accounting System

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