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the covid outlook: a long, slow climb back to recovery

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why right networks’ acquisition of rootworks may be just what the doctor ordered

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with rick telberg
卡塔尔世界杯常规比赛时间

the accounting world shifted a little with the acquisition by right networks, a cloud-hosting vendor, of rootworks, a technology platform provider to cpa firms.

though conceived before the pandemic, the deal was closed as the first wave of coronavirus was crashing against the shores of the u.s. and it may be a sign of the times under pandemic conditions, as accountants — and, indeed, business in general — race for new technology solutions and business models.

see: right networks acquires rootworks

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in this exclusive interview with 卡塔尔世界杯常规比赛时间, right networks ceo joel hughes and rootworks founder darren root, explain the reasons for the deal, and their forecast for the future under covid. warning: their forecast for the future under covid is not pretty.

but the combination of the two companies may augur hold clues to the future of the profession.

transcript

here’s the full transcript, only lightly edited:

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covid crisis separates the winners from losers

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bill reeb, 2019-20 aicpa chairman, explains how today’s coronavirus crisis is transforming the profession – and the world – forever.


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by 卡塔尔世界杯常规比赛时间

today’s coronavirus cataclysm is changing the ways cpas in both the public and the private sectors do business, revamping in a few traumatic days what would have taken five years, says bill reeb, the 2019-20 aicpa chair, in a video interview with 卡塔尔世界杯常规比赛时间.

卡塔尔世界杯常规比赛时间 is providing free access to our latest coronavirus crisis updates: start here for a guide to all our free coverage.

“it has already had an amazing effect,” reeb says. “we have fast-forwarded the technology by at least five years. the use of technology has skyrocketed. and people are starting to say, okay, we got to get people working at home, and we’ve found ways to communicate with each other during the day.” read more →

geared up for exponential growth at mowery & schoenfeld cpas

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a conversation with gale crosley, growth consultant.

the principles behind the leaps and bounds of mowery & schoenfeld

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more gale crosley here

when jeffrey l. mowery and keith a. schoenfeld decided to bail out of the big firms and start their own, they were just a couple of cpas with a couple of folding tables and a dream.

that was then. this is now. after a series of astonishing leaps and bounds, they have raised their revenues from $3.5 million in 2008 to over $17 million today. and they plan to double that in five years.

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