The Changing World of Accounting: Global Advisory
Trends Report 2023
Spotlight Reporting has released its 2023 Global Advisory Trends Report,
highlighting major developments in the accounting industry.
The report highlights three major findings, underlining the ongoing impact of the
pandemic, concerns around new technologies, and the growing role of advisory
services.
Key findings from the report
include:
65% of accounting firms now consider
themselves to be progressive or hybrid firms,
offering substantial advisory services
56% provide management reporting, mentoring,
forecasting or similar but feel they could ‘do
much more’
42% of firms are looking to grow future
revenues from advisory services to be 51% of
their fees
Virtual CFO and advisory work, followed by
strategic planning and coaching, are the top
areas of focus for fee growth
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