Firms Adapt to Changed Landscape for Clients, Revenue

Citrin Cooperman Partner Patricia Cummings was quoted in The Trusted Professional by NYSSCPA, "Firms Adapt to Changed Landscape for Clients, Revenue." She touches upon the changes in various industries, both beneficial and detrimental, caused by the pandemic, and the shift in service demand that she has seen with clients over the past year.

“While no industry has been untouched, certain industries that Citrin Cooperman focuses on have been [hit] harder by the pandemic, like the restaurant industry, hospitality. Other industries have continued to really hold their own or, in fact, accelerate. When I think of life sciences, technology, even financial services, [those are] a few industries doing quite well,” she said, adding that one of the firm’s clients is a less-lethal defense technology company, and that the demand for this client’s products—which are used by the military, correctional services, police agencies, private security and consumers—has “grown exponentially in 2020.”

Read the full NYSSCPA article here.

Patricia Cummings, CPA, MBA Partner, Managing Partner of Industries pcummings@citrincooperman.com