Trends transforming accounting in 2025
From www.acuitymag.com: Seven key trends are set to transform the accounting profession in 2025, including increased automation, the demand for real-time accounting, and the … read more
From www.acuitymag.com: Seven key trends are set to transform the accounting profession in 2025, including increased automation, the demand for real-time accounting, and the … read more
From www.financialstandard.com.au: Arthur J. Gallagher & Co has acquired Western Australia-based Wealth Management Partners (WMP), specializing in retirement plan risk management.
The entire WMP … read more
From www.accountantsdaily.com.au: An industry consultant warns that many accountants are facing burnout due to excessive workloads, with some working up to 70 hours a … read more
From www.goingconcern.com: The PCAOB’s new rule, PCAOB-2024-06, requires accounting firms to report detailed metrics regarding audit workloads, staffing, and training, prompting strong opposition from … read more
From www.ifa.com.au: Liberal MP Bert van Manen has introduced a private member’s bill aimed at streamlining the excessive paperwork and regulations surrounding statements of … read more
From futurefirm.co: A solid accounting firm business plan helps avoid common pitfalls, such as taking on unsuitable clients and hiring the wrong team members. … read more
From www.professionalplanner.com.au: A clean client book, characterized by efficient workflows and well-defined client fit, can be more valuable than a large client base, according … read more
From www.accountingweb.co.uk: Accountancy firms can significantly reduce costs by embracing remote working, as many employees are willing to accept lower pay for the flexibility … read more
From sophiegrace.com.au: Effective from January 8, 2025, changes to FSG Requirements allow financial advisors to disclose their financial services guide either directly or via … read more
From sophiegrace.com.au: Changes to the definition of Conflicted Remuneration now clarify that benefits provided by clients are not conflicted remuneration, encompassing monetary and non-monetary … read more
From sophiegrace.com.au: Effective 10 January 2025, the Ongoing Fee Arrangements renewal process will be simplified, removing the need for a Fee Disclosure Statement but … read more
From www.charteredaccountantsanz.com: Australia’s Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) reforms, passed on December 10, 2024, will include nine professional services, such as assistance in … read more
From www.accountingtoday.com: In 2025, CFOs will see their roles expand due to talent shortages, rising cybersecurity threats, and the increasing adoption of AI, which … read more
From www.accountingweb.co.uk: Accountants should take the beginning of the year as an opportunity to reevaluate their career paths and consider whether it may be … read more
Among the “Top Fastest Declining Jobs” listed in The Future of Jobs Report 2025 published by the World Economic Forum are Accounting, Bookkeeping and Payroll … read more