In 2024, accounting professionals in Australia will need to step into the vital role of business advisors if they are to grow and meet the demands of their clients. To keep competitive, businesses must invest in employee retention and candidate attraction methods to have a team of accountants who can deliver these results.
Adopting new technologies and upskilling in analytics and strategic planning will be vital for accountants in the future. At the compliance level, firms should investigate outsourcing basic tasks to focus on their new direction of growth.
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