Time for accounting firms to stop charging for outdated annual financials?

Editor, SMEE, SMEE - March 25, 2021

In the current pandemic world where SMEs must make snap decisions and pivot fast, one accounting firm is upending the local financial services industry – which it describes as too stuck in old ways – by scrapping its fees for outdated annual financial reports. "There's no value in annual financials in a Covid-19 environment because, by the time the information is ready, it's almost useless. We cannot in good conscience justify charging fees for it," says Niran Iswar, director of BetterCo ...