By Steven E. Sacks
The NEW Fundamentals: Practical Guidance for Today’s Accounting Firms
There are two quotes that are apropos for the coronavirus pandemic. The first was coined by President Kennedy. He said, “The time to repair the roof is when the sun is shining.”
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It was meant to think ahead to potential unforeseen crises and consider the precautionary measures to implement; to either avoid, or at least, mitigate a major problem before it happens. For the coronavirus pandemic, the ship has already sailed on this philosophy because the government defunded the efforts to deal with a major health crisis (among other missteps).