What key trends are shaping the future of the accounting industry?

September 2, 2013

How is your business being impacted by technology? Have you found that client expectations are changing?


One of the world’s leading commentators on accounting trends, Doug Sleeter, says a whole new world is emerging in the practice of accounting and in the way small businesses use technology to manage financial records. In his view technology advances over the last 25 years have resulted in new paradigms for small businesses and the professionals who support them.


In blog post published last year, Doug Sleeter, Founder of The Sleeter Group, identified four key trends he sees facing the accounting profession today. He has said that ‘chunkification’, the splitting up of the overall business management systems into discrete parts, ‘zero entry’, ‘collaborative accounting’ and ‘mobile’ will “fundamentally change the way small business owners, bookkeepers, accountants, and even taxing agencies, will use technology in their everyday activities.”


Sleeter’s views are certainly interesting and raise significant questions for anyone working within the accounting industry. While each of us may see different elements of the trends he describes in our daily activities, he certainly makes you consider the bigger picture and ways accounting professionals can be prepared for the future.


Next month Doug will be in Australia presenting his views at the Reckon National Conference. In his presentation he’ll speak about how accounting professionals can thrive by re-thinking and re-tooling. All accounting professionals are invited to the event.


What: Reckon National Conference
When: Friday, 20 September
Where: Melbourne Park Function Centre
How to register: Visit www.engagepp.reckon.com.au


Bookkeepers play a critical role in helping so many small businesses in Australia navigate technology changes. This event for accounting professionals will be a great opportunity to see the latest business solutions and hear from industry thought leaders, including Doug Sleeter and NAB’s Chief Economist Alan Oster. Register to attend the Reckon National Conference here.