As 2024 comes to a close it’s time for Paul Redmond to take a retrospective look at events and changes that took place in the field of accountancy in 2024.
The pace of technological change continues to increase, and 2024 saw an explosion of automated and AI tools. Accountants have been at the forefront of adopting these tools as they help to do repetitive work and allow people to focus more on broader aspects of serving their clients and giving them value.
And the industry itself has changed as many firms are avoiding auditing due to increased compliance burdens, and the shifting tides of technology mean that recruiting talent has to change.
These and many other things are why the industry of accounting has changed in 2024, and taking control of them will help you face any challenges that are coming.
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Email predmond@rda.ie
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