More NewsHelp to troubled clients should be ‘more proactive’

Help to troubled clients should be ‘more proactive’

Accountants should come to the aid of businesses before recession claims them, says AVN president

Accountants should be more proactive in preventing their clients from
becoming a victim of recession.

AVN, the association for
accountants of owner-managed businesses, said the profession had a ‘moral
obligation’ to assist their clients to deal with the difficult economic
conditions.

Speaking at the association’s 10th anniversary conference and the launch of
its new anti-recession service, AVN chairman Steve Pipe, called on accountants
everywhere to step forward during tough times.

‘The accounting profession has a moral obligation to show leadership by
proactively helping the business community to weather the financial storm. Doing
nothing is not an option, and neither is waiting until our clients are
desperate. The profession has to be proactive on this. So we are getting the
ball rolling by launching an anti-recession service that involves carrying out a
detailed diagnostic review to identify how best to strengthen a client’s cash
flow, creating a high impact action plan, and then helping make sure that those
plans and good intentions are actually implemented.’

Related Articles

Amazon UK halves its corporation tax bill despite increased turnover

More News Amazon UK halves its corporation tax bill despite increased turnover

4m Alia Shoaib, Reporter
Increase in UK business confidence despite Brexit, according to ICAEW

More News Increase in UK business confidence despite Brexit, according to ICAEW

7m Alia Shoaib, Reporter
Live blog: Spring Budget 2017

Corporate Tax Live blog: Spring Budget 2017

9m Accountancy Age editorial
The Curious Incident of the Insolvency Sector in the Light of Economic Turbulence

Insolvency The Curious Incident of the Insolvency Sector in the Light of Economic Turbulence

11m Accountancy Age editorial
Leonard Curtis called in as administrators for builders Boshers

Legal Leonard Curtis called in as administrators for builders Boshers

11m Stephanie Wix, Writer
New Year Honours of 2017

Accounting Standards New Year Honours of 2017

11m Stephanie Wix, Writer
"Not enough time" to implement MTD by 2018, says Tyrie

Corporate Tax "Not enough time" to implement MTD by 2018, says Tyrie

1y Stephanie Wix, Writer
Colin: A spoonful of investment...

Governance Colin: A spoonful of investment...

1y Stephanie Wix, Writer