4 December 2020 — News
SMEunited, Accountancy Europe, European Federation of Accountants and Auditors for SMEs (EFAA for SMEs) and ACCA (the Association of Chartered Certified Accountants) call on the European Institutions and national governments to ensure better access for small and medium-sized entities (SMEs) to advisory services to support them in these critical times. To this end, the associations also recommend to use the upcoming National Recovery and Resilience Plans or other European programmes.
The COVID-19 crisis continues to have a huge negative impact on hundreds of thousands of SMEs. The European Union (EU) and national governments are already addressing the issue, having set up strong support measures to assist companies including SMEs. However, many of these measures are quite complex and SMEs may need advice and support to access them in a smoothly and effective manner.
Experts from SME associations and the accountancy profession play an important role in supporting SME survival and have financial expertise about the current state of small businesses. We recommend the following actions:
See the full statement below.