It’s the most challenging time in living memory for businesses across South Africa and around the world. To get by, business owners are turning to trusted advisors, and for many, their accountants are the first line of support. From managing cash flow to determining eligibility for aid, we’re proud to see the country’s accountants step up to support businesses.
Accountants, a group recently acknowledged by South Africa’s Minister of Finance as being an ‘essential service’ during level 4 of the lockdown, are now more critical than ever in ensuring the survival of small businesses. We asked several of our accounting partners how they have adapted, and the positives emanating from this situation.
Adapting to a new way of working
Fortunately, from what we have seen among many of our partners, accountants have adapted fast to the changes demanded by the lockdown. This has meant they’ve been able to support the