When things are rough, being self-sustaining for an extended period is deeply important. Rachel Daddesio of Montgomery explains why being a going concern is vital.
With how the coronavirus has affected businesses across the world, especially in the United States, many businesses are questioning whether they can continue with their status as a going concern, being able to be self-sustaining until this blows over. Rachel Daddesio of Montgomery discusses how things are going for businesses, as well as some safeguards which may be implemented to help them out.
Rachel Daddesio of Montgomery: How has the Coronavirus Affected Going Concern Companies?
The coronavirus has been a major difficulty economically, especially to smaller businesses that do not have the cushion that larger ones do. …
Businesses need to have insurance for financial protection. They depend on the coverage to take care of problems as they happen. Rachel Daddesio , a Certified Public Accountant warns that many commercial insurance projects aren’t getting the job done.
Within the pandemic, business owners are having to learn the hard way that their insurance policies didn’t cover everything. The verbiage of “pandemic” isn’t included in most policies. It’s leaving businesses vulnerable to issues caused by the COVID-19 pandemic, Rachel Daddesio explains.
One of the issues that Rachel Daddesio has seen is not being able to use their business interruption service because of the pandemic. When countless businesses closed across Texas because of not being defined as “essential,” they turned to their insurance. …
Rachel Daddesio of Montgomery — Is There Anything She Doesn’t Do?
Rachel Daddesio’s skills cannot be underestimated. In today’s business world it’s not enough to be an accountant. When Rachel Daddesio of Montgomery became an exceptional assurance professional she added a cadre of administrative, business analysis, as well as project management skills to her certified public accountant credentials. This is what Rachel Daddesio of Montgomery brings to the table.
Rachel Daddesio of Montgomery Has The Confidence of Her Clientele
When they learn that she is in charge of their audit, her clientele is rest assured that their project is in great hands. She has graduated from the Integrated Master of Professional Accounting Program — Financial Reporting and Assurance track at The University of Texas at Austin. Rachel Daddesio of Montgomery has an extensive background in the business space. She has managed countless projects with an elevated level of skill and management acumen. …
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