How Small Firms Can Evolve in the Covid-19 Environment

The extraordinary circumstances of the Covid-19 environment offer small- and medium-sized practices (SMPs) significant opportunities to adapt and service a rapidly changing world. The International Federation of Accountants (IFAC) invites professional accountancy organization staff, members and volunteers to join a discussion on navigating this “new normal”, using the recently launched IFAC Practice Transformation Action Plan – A Roadmap to the Future. The webinars feature speakers from the IFAC SMP Advisory Group and prominent thought leaders from the global accountancy profession.

KEY DISCUSSION POINTS:

• Embracing change
• Leveraging technology and understanding the key actions to successfully adopt and utilize technology
• Talent management, facilitating virtual operations, flexible working and health and safety of employees
• Evolving the firm’s operating model to build and diversify new services