In this COVID-19 Survival Panel webinar for SMEs, to be presented on Wednesday, 29th July 2020, Matthew Pinter, Managing Director of Billfolda (a Crowd Sourced Funding Intermediary) and the chair of the “Crowdfunding Industry Association”, will make a presentation “Taking Opportunities in a Crisis”. Matt will highlight the opportunities that companies have to raise capital direct from the public, which wasn't an option in earlier crises such as the Global Financial Crisis.
Peter Towers, Managing Director of ESS BIZTOOLS, will be the other keynote speaker on 29th July 2020 and will discuss the opportunity that businesses have to upgrade the services that they require from accountants, more in line with the types of services that would be expected from a Chief Financial Officer. What this means is that your accountant would be available to supply financial input on a range of business matters, not just the preparation of annual financial accounts in the preparation of an income tax return.
During the COVID-19 Coronavirus, thousands of accountancy firms have provided a broader range of services to assist SMEs to prepare the information required by the Australian Taxation Office to access the JobKeeper Programme and also to apply for loans from banks which required the preparation of Business Plans, Budgets and Cashflow Forecasts and other information to support the loan applications.