Some interesting stats from Accounting Today's "The Year Ahead" survey for 2025:
69% of firms expect revenue growth of at least 4% in 2025, with 24% anticipating double-digit growth.
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.
Just over half of firms plan to hire in 2025, but they expect to hire only half as many people compared to 2024.
62% of firms now refuse to hire fully remote employees, which is a 10% increase from last year.
60% of firms expect to increase their IT spending in 2025, up from 50% in previous years.
Technology now consumes about 21% of firm budgets. And some larger firms spend 30% or more of their budget on tech!
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
