Has your practice plateaued?

By |2017-11-28T08:45:55+00:00November 28th, 2017|Accountants, Future, Marketing and promotion, Sole practitioners|

My conversations with sole practitioner accountants over the years suggest that many are happy enough once their business has plateaued. 'Happy enough' is hardly an enthusiastic summation of how things are going. It suggests a degree of reluctant acceptance. The underlying message perhaps is that things could be better but the accountant is used to

The end of accountants is nigh. Or is it?

By |2017-05-30T09:15:43+00:00May 30th, 2017|Accountants, Career development, Future, Servicing clients, Sole practitioners|

Let me save you some time. Yes, the accounting profession is going through (another) period of unprecedented change. There will be fewer jobs for accountants in the future. There will be fewer large firms of accountants in the future. But there will continue to be plenty of work for savvy sole practitioner accountants for many years

Where will accountants operate from in the future?

By |2013-12-17T08:07:38+00:00December 17th, 2013|Accountants, Future|

I was interviewed recently for a magazine piece about longer-term trends and changes in the accountancy profession. In this blog post I share my thoughts on one of the topics we discussed. Where will accountants operate from in the future? The options at the moment tend to be high street office, above a shop, off

The end of accountants?

By |2019-05-08T19:29:19+00:00April 22nd, 2013|Business messaging and branding, Future, Pricing|

In early 2013 Professor Richard Susskind published a new book, 'Tomorrow's lawyers'. This included some updated observations of the views expressed in his previous book, published in 2008: The End of Lawyers? Rethinking the Nature of Legal Services. As I share many of Professor Susskind's views I thought I would pick out one theme for this blog.

Protecting the title ‘accountant’ would be counter-productive

By |2018-07-08T15:07:19+00:00October 14th, 2010|Accountants, Future|

Although qualified accountants are aware that anyone can call themselves an ‘accountant’ I find that very few ‘real’ people appreciate this fact. They tend to assume accountants are like dentists, doctors and solicitors. If only that were the case! It is precisely because of this confusion that various groups of accountants campaign to secure

Why do accountants resist early change?

By |2018-07-08T15:09:50+00:00August 23rd, 2010|Accountants, Future|

I was reflecting on this idea the other day. The MD of a big IT software supplier was telling me how surprised he was that so many accountants had yet to pick up on the new obligations to file iXBRL tagged accounts. This will be relevant to all accounts filed from April 2011 re

The future of compliance services for accountants

By |2018-09-16T16:43:02+00:00June 22nd, 2009|Accountants, Future|

Many commentators seem almost contemptuous when talking about accountants who focus on the provision of compliance services. We’re told that fees are being forced down and that firms that focus only on compliance services face an uncertain future. I’m not sure I agree. If you have an established practice and know your clients well,

The future of auditing and assurance services

By |2009-06-15T10:05:54+00:00June 15th, 2009|Future, No longer current|

At a recent ICAEW conference on the future of auditing I realised how what was once a traditional service provided by most accountants, is almost extinct. It won’t die out completely but it’s certainly becoming more specialised as the number of companies requiring audits has fallen dramatically in recent years. And that trend is set