This was the title of the recent timely ICAEW webinar that can be accessed through the link below. Timely, because as one of the presenters, Martine Catton, Chief Commercial Officer at Just Cashflow explains, “A tsunami of insolvencies is expected when the Governments well intended life support system for small businesses is wound down and authoritative research reveals up to one million SMEs are in severe financial distress.”
Good businesses don’t become bad businesses overnight and accountants, insolvency practitioners and alternative funders, like Just Cashflow, need to work together to find a long term solution to the difficulties created by the COVID-19 pandemic.
The webinarprovides a good summary of support provided to SMEs to dat…
Read the full article at: https://www.icaew.com/technical/practice-resources/running-your-practice/support-for-member-firms/practicewire/news/insolvency-and-restructuring-how-accountants-can-assist-their-sme-clients