[Whitepaper] 10 Accounting Trends That Will Dominate 2018

Accounting sector has seen many transformations in the year 2017, and changes indicate no signs of slowing down. Every year brings new trends which shake up the system, and it’s time for accounting firms to jump the bandwagon.

With new technologies and innovations, the accounting sector continues to evolve and thrive. Firms should be aware of the latest and upcoming trends in order to simplify their work and reshape their business.

One of the major trends expected to affect the accounting industry is its integration with the cloud environment. Cloud computing will not only enhance the performance of the accounting firms but a level of security that is vital for any accounting process.

Mobile accounting and social media are also anticipated to flourish. Apart from these, there are other trends as well that will be influential in shaping modern accounting in 2018.

The whitepaper explains these future trends for accounting firms.

Cloud will continue to dominate accounting sector
Big Data and IoT will change accountancy
Mobile accounting will become a necessity
Accountants will use social media for selling
Automation will have a bigger impact
Outsourced accounting will take center stage
Millennial generation is on the horizon
Increased emphasis on client service
The need to focus on customized and personalized services
Globalization will shape accounting sector