The Practice of Now – from good to great

How 1,000 accountants and bookkeepers are improving things for themselves

IP image

The Practice of Now is an insightful report from Sage that sheds light on how 1,000 modern accountants and bookkeepers are navigating the rapidly changing landscape of their profession.

Like many other fields, accounting and bookkeeping have experienced significant transformations in recent years. To gain a deeper understanding of these changes, Sage surveyed 1,000 professionals from six different countries. Their goal was to capture their sentiments, identify the challenges they face, and explore their strategies for thriving in the near future.

Despite the excitement many professionals feel about the industry's future, there is also a palpable sense of strain. This tension is largely due to evolving tax laws, increasing client expectations, and the relentless pace of technological advancements.

However, there is a silver lining. Many accountants and bookkeepers have a clear vision of their priorities moving forward. This report highlights three key areas of focus that are essential for their success:

  • the common concerns and challenges faced by accountants and bookkeepers worldwide
  • the proactive steps they plan to take to meet future demands and achieve greater fulfilment and balance in their work
  • the most significant opportunities for accountants and bookkeepers in 2025 and beyond.

By delving into these topics, The Practice of Now provides valuable insights that can help professionals in the accounting and bookkeeping fields navigate their evolving landscape with confidence and clarity.