Cybersecurity, competing for clients and lagging profits make the list.
The Accounting Firm Operations and Technology Survey
Recruiting and retention may lead the list of issues accountants are facing. But problems in managing workflow have almost doubled in the last year.
And, while firms of all sizes share many of the same problems, there are stark differences through the spectrum of solo operators to the largest firms. For instance, about two-thirds of firms with 11 to 100 employees rate staffing as their chief concern, but larger firms aren’t having nearly as much trouble. The mid-size firms are leading in solving the workflow dilemmas, while the largest and smallest firms at opposite ends of the spectrum are having considerably more trouble.
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