Recovery - What You Need to Know

Keith Bateman
Posted by Keith Bateman on Jun 2, 2021 1:09:36 PM

It is undeniable that the COVID-19 pandemic has forever changed not only the way we do business, but also the role that accountants and bookkeepers play in the lives of small business owners. More businesses are transforming the way they view their relationships with their accountant and bookkeeper and what that means for the future of their company. The change in attitudes and evolution of the accountant’s place in the business cycle has the industry wondering where the future lies and what people need to do now to prepare for it. 

What’s next for accountants and bookkeepers? How can you best prepare now to succeed in the next wave of accounting?

These are the question that lots of accounting and bookkeeping professionals are asking. We understand that many questions are left unanswered. In a time of uncertainty, we turn to data to help you better prepare for the future. To help fill the gap, we spoke with multiple accountants to discuss the future of the industry and how they are preparing to tackle the newly surfaced needs of businesses better. 

The respondents to our question expressed that COVID-19 has pushed the industry away from compliance-only or "traditional" bookkeeping into a guidance or advisory role to better to respond to their clients needs. Accountants and bookkeepers worldwide are positioning themselves now, more than ever, on how they can be the heroes that SMBs need to recover from the COVID-19 pandemic.

Hearing from other accounting and bookkeeping professionals may just be the spark of inspiration you need to transform your business and exceed expectations now and in the future. Discover the insights from our American interviewees and uncover what they’ve done to prepare their firm for what’s next in accounting.

Our report details

  • What American accountants and bookkeepers need to know about the future of accounting
  • What firms are doing now to prepare for new business models
  • What role technology will play in the new economy

View the report to discover how American accountants and bookkeepers can prepare for what’s coming next in the accounting industry. You can also read the interviews with global accountants

Topics: Modern Bookkeeping


Sign up and stay plugged into the education, news pieces and information relevant to you.

Subscribe to The Woodard Report today! 

Do you have questions about this article? Email us and let us know >


Most Recent