What makes a great accounting firm? Wide-ranging service offerings? Service continuity? A reliable corporate structure? While there are a lot of factors that separate good firms from great ones, accounting and finance professionals will always play indispensable roles in building the best accounting firms in the world.

Now that we’re halfway through 2021, organizations are scrambling for ways to get their edge back in the competition. Though business grants and vaccination efforts keep them on their feet, the post-pandemic period, or what we call the ‘new normal’, toll in the business world is yet to finish unfolding.

2020’s disruption transformed most organizations’ workflow —grounding it on the company’s financial standing and workforce safety.  Now that we’re in the post-COVID era, managers are finding new ways to deal with employee management. 

Millennials have now taken over the workforce. The kids have grown up and they are now ready to face the challenges of the finance and accounting world within the trenches of your department. However, like other generations, Millennials have their own ways in doing things that may not suit your usual management ways. As we work in the midst of the COVID-19 pandemic, it is important to update your management plan to suit how millenials are adjusting to this new environment.

The accounting profession has been continuously evolving. After the global financial crisis in 2008, businesses across the globe have taken a step back to evaluate their financial strategies and accounting practices. More recently, technological advancements and the increasing number of millennial accounting professionals drive disruptions in terms of how businesses operate and how their workforce is structured.

How important is a support system in a working environment? May it be virtual or on-site, management support to employees is pivotal in the fulfillment of your goals as an internal team and as a company.