Some interesting stats from Accounting Today’s “The Year Ahead” survey for 2025:
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69% of firms expect revenue growth of at least 4% in 2025, with 24% anticipating double-digit growth.
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Firms say they want to increase advisory work, but they’re actually spending less time on it (31% versus 35% last year) and more on compliance work.
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Just over half of firms plan to hire in 2025, but they expect to hire only half as many people compared to 2024.
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62% of firms now refuse to hire fully remote employees, which is a 10% increase from last year.
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60% of firms expect to increase their IT spending in 2025, up from 50% in previous years.
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Technology now consumes about 21% of firm budgets. And some larger firms spend 30% or more of their budget on tech!
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Only 23% of firms currently use AI tools, though about one-third are exploring these technologies.
Get the full report here: https://www.accountingtoday.com/list/accounting-in-2025-the-year-ahead-in-numbers
