sometimes it takes a catastrophe to spur fundamental change, and that’s what we’re seeing today.
by bill penczak
the combination of the summer doldrums and the covid shutdown has provided some firm leaders pause to get in touch with their right-brainedness.
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these are difficult times for the economy and the industry, and while some firms hope to return to the good old days, covid and other societal changes may cause a long-overdue sea change in the accounting industry, which has been doing the same thing the same way for more than 100 years.
sometimes it takes a catastrophe to spur fundamental change, and that’s what we’re seeing today.