Question

For accounting firms we know there is issues impact the firm because of the Covid 19. But Is there any positive things for the accounting firms because of the Covid 19?

List few things that is positive to the accounting firms because of the Covid 19.

Answer 1

Yes, there are few positive things to the accounting firms because of covid 19.

1) They can go through old files of their clients to resolve things which was not possible during normal times due to time constraint.

2) They can go hunting for new clients which is bit easy during these times because few firms take the hit and become inoperative during covid 19.

3) They can educate their employees and interns during these days and improve their efficiencies for the near future.