Top 5 Trends Shaping Accounting’s Future

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What trends will have the biggest impact on accounting firms and their clients over the next five years? How well-prepared are accountants to take advantage of these trends? These two questions were the focus of a new report released on Monday by Wolters Kluwer, CCH, a global provider of tax, accounting, and audit information, software, and services.

Close to 500 accounting professionals who specialize in tax, audit CFO/consulting, and other financial services at CPA-led firms with as little as two to more than 500 employees were polled in August for the 2014 Wolters Kluwer, CCH Preparedness Survey.

Key results of the survey were presented by Wolters Kluwer, CCH President and CEO Teresa Mackintosh during her keynote address on Monday morning at the CCH Connections User Conference 2014 in Orlando.

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By Dorit Sasson
Jun 26th 2015 01:12

Social media seems to be the biggest "enemy" facing small-medium sized firms. It will be interesting to see how some of these firms take on the social media "hat" to differentiate themselves from the other larger-firms and break the "expectation cycle." This post explains some of the problems firms are facing and how they can differentiate themselves from the others. http://www.practiceignition.co...

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