The downturn is hurting and forecasts of recession hang heavy in the air. Will the profession come to the rescue? Our reporter reveals what business recovery experts, working capital specialist and auditors are doing to stave off disaster Written by Alex Hawkes Accountancy Age With economic doom around the corner, the accountancy profession stands braced. Business confidence is plummeting and every day brings news of another major concern being put in the hands of the recovery professionals. From the highest rungs of global finance, where liquidators, auditors and standards setters are struggling to put right the liquidity crisis, to the high street where the profession is negotiating breathing space for cash-strapped clients, accountants stand ready to be the saviours, enforcers and sometimes undertakers of British...
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