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ACCA Thinks – Episode Six: Addressing Insolvency Head On

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In this latest episode of the ACCA Thinks Podcast, host Lloyd Powell, Head of ACCA Cymru, talks to Bethan Evans, Partner at Menzies LLP, a leading firm of accountants, finance and business advisors.

With recent statistics showing the current Insolvency rate increasing, Lloyd speaks to Bethan about these figures, how they relate to Welsh firms and what Menzies are seeing with regards to smaller businesses and consumer cutbacks.

Looking at key drivers behind Insolvency petitions in Wales, Bethan delves in to the early signs of businesses falling in to difficulty and just how the saying ‘Cash is King’ is now more apparent than ever, as well as the stigma behind Insolvency Practitioners and why involving them sooner is the better thing to do.

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ACCA (the Association of Chartered Certified Accountants) is the global professional body for professional accountants.

We’re a thriving global community of 233,000 members and 536,000 future members based in 178 countries and regions, who work across a wide range of sectors and industries. We uphold the highest professional and ethical values.

We offer everyone everywhere the opportunity to experience a rewarding career in accountancy, finance and management. Our qualifications and learning opportunities develop strategic business leaders, forward-thinking professionals with the financial, business and digital expertise essential for the creation of sustainable organisations and flourishing societies.

 

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