Navigating the current volatility is no easy feat for businesses! ACCA's Economic Resilience Hub can help with insight, resources, guides and support to help you during these challenging times.
A worrying combination of the successive lockdowns in the UK slowing down the economy, along with Russia’s invasion of Ukraine damaging the international market price of gas and oil, mean that the current volatile climate could be set to take another downward turn.
All of this may or may not result in a recession; however, we do know from previous recessions is that they cause hardship and business failure, but they are also drivers of innovation and change. To survive, or even thrive, during a recession, businesses must make strategic decisions about how they will face the particular challenges affecting their industry and take advantage of new opportunities.
Our podcast this month discusses the opportunities that can present themselves by offering more insight and support to your clients via advisory services. You can listen to the podcast featuring Glenn Collins, head of technical and strategic engagement at ACCA, and Cheryl Sharp of Pink Pig Financials discussing why, in the face of uncertainty, advisory can lead the way.
Whether you are supporting clients via your public practice, leading a finance function within an SME or possibly just struggling with personal finances, there is something within the hub to help.
The hub will have new content added so please check back regularly for updates.