the most critical areas and the top challenges accountants and accountancy firms face in 2022 according to a range of fintech vendors and media platforms - Accounting Influencers Podcast

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Published on:

1st Jan 2022

Top 2022 Challenges for Accountancy According to Experts

In today's bonus episode, Rob Brown reveals findings from searching the term "challenges accounting firms face" and reveals the key issues according to the journalists, vendors and experts in the accounting and fintech space.

Sources are below and include Wolters Kluwer, Accountex, AccountingWeb, accountingTODAY, Hinge Marketing, PracticeWeb, Oracle and others.

Key takeaways from this episode include:

✓ the recurring themes and challenges for accounting firms and practitioners over the years

✓ the challenge for accountants of meeting increasing client expectations as the bar gets higher

✓ different ways of phrasing the downward price pressure on and commoditisation of compliance fees for accountants

✓ the need for accounting professionals to upskill in soft skills and technological capability

✓ how there's no escaping the talent crisis in accounting and why it's an increasing problem

✓ why best practice last year is not always relevant or the same this year

✓ comments on the way buyers buy professional services in a virtual world

✓ the impact for accountancy firms of managing a workforce remotely and retaining talent

✓ notable mentions for key challenges include globalisation, cybersecurity, advisory work, leveraging technology, automation and mental health

Anything you would add to this list? Let us know!

SOURCES:

https://www.accountingweb.co.uk/community/industry-insights/top-five-challenges-facing-the-accountancy-profession

https://www.practiceweb.co.uk/knowledge/challenges-facing-the-accounting-profession-in-2021

https://hingemarketing.com/blog/story/the-top-5-business-challenges-for-accounting-financial-services-firms

https://www.accountex.co.uk/insight/2019/02/18/accountant-challenges

https://www.accountingtoday.com/news/the-accounting-professions-biggest-challenges

https://marketfit.co/top-10-predictions-and-challenges-for-the-accounting-profession/

https://www.netsuite.com/portal/resource/articles/accounting/accounting-challenges.shtml

https://www.wolterskluwer.com/en-gb/expert-insights/5-challenges-facing-accountants-in-2019-and-how-to-solve-them

https://www.acecloudhosting.com/blog/challenges-accountants-cpas-face-and-solutions/

NOTE TO LISTENERS:

The Accounting Influencers Podcast is a daily show with four segments coming out every Monday Martin which are repeated on the other 4 weekdays as standalone episodes, plus a bitesize highlights digest or bonus episode on Saturdays . On Sundays, listeners get a 2 min trailer for the coming week's episodes.

Every Tuesday the show gives you a relevant news topic from the accounting and fintech world with a direct application to accountants, CPAs and bookkeepers. Great to stay informed and build your commercial acumen.

Every Wednesday and Thursday, we feature an uncut interview with top authors, leaders, thinkers and performers in the accounting and fintech world.

Every Thursday the show gives you a practical 'here's what works' tips concerning a key challenge, need or strategy for accountants, CPAs and bookkeepers. Great to stay current and keep your skills topped up.

Martin and Rob love to hear from the show's 18000+ unique listeners in 144 countries around the world. If you like the show, leave a review wherever you listen, and please recommend the show to your friends and colleagues.

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About the Podcast

Accounting Influencers Podcast
Host Rob Brown shows accounting professionals and leaders how to be more influential, grow their personal brand and be more authoritative, relevant and high profile in their roles..
The Accounting Influencers Podcast, hosted by Rob Brown, is a must-listen for accounting professionals looking to strengthen their leadership presence, stay informed on disruptive forces in accounting and build credibility within their firms. Geared toward firm leaders, managers, partners and influencers, the show covers key topics like career development, influence, personal branding and interpreting the evolving trends impacting the accounting world. Rob brings his expertise to each episode, offering insights and guidance on how to grow your personal brand and stay strategically important in a rapidly changing profession. Whether you're aiming to influence within your firm or expand your reputation outside of it, this international podcast offers practical advice and forward-thinking insights that will keep you informed and prepared for the future.
Accounting leadership
Executive presence for accountants
Building influence in accounting
Accounting industry trends
Personal branding for accountants
Accounting firm strategy
Accounting business models
Leadership in accounting firms
Talent management in accounting
Authority in accounting profession
Career development for accountants
Accounting firm growth strategies
Influencers in accounting
Accounting firm management
Disruptive forces in accounting
Accounting leadership strategies
Accounting career success
Accounting firm decision-makers
Accounting business trends
Building credibility in accounting

About your host

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Rob Brown

Rob Brown hosts the multiple accounting podcast and chair conferences, panels and events globally for the accounting and fintech profession. He is co-founder of Accounting Influencers Roundtable (AIR) which helps vendors, experts and influencers serve the accounting and finance world. He is a dynamic speaker and accomplished expert on trust, reputation, employer brand, talent, career development, succession, gen z/generations, employee advocacy and executive presence. Rob is author of the bestselling book Build Your Reputation (Wiley) and his TEDx talk ‘The Personal Brand of You’ has been viewed 400,000 times on YouTube. He is a stroke survivor, has epilepsy, is a committed Christian and has a black belt in kickboxing. He is based in Nottingham UK, home of Robin Hood, plays chess and backgammon, loves orange chocolate and is allergic to grapefruit.