This report considers how more small and medium-sized enterprises (SMEs) can be encouraged to participate in international trade and the role of small and medium-sized accounting practices (SMPs) in helping to achieve this. In doing so, it also examines the potential for SMPs to support clients through the wider provision of international advisory services.
ACCA's research found that SMPs recognise many of the key challenges and opportunities that internationalising SMEs face in today's global economy. This, alongside SMPs' reputation as leaders in professional advice, provides them with an excellent platform for delivering additional added-value support to clients.
Alongside the key findings, the report contains advice for SMEs and SMPs on expanding their international advisory provision, which we have also made available through one page guides. The report also presents five country-specific breakdowns for Ireland, Malaysia, Nigeria, Singapore and the UK.
Although all ACCA's research was global, specific findings from five key markets have also been extracted and presented in this report. These markets are Ireland, Malaysia, Nigeria, Singapore and the UK.