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03 Feb 2012
REGULATORY burdens and economic woes continue to top the list of challenges faced by small- and medium-sized accountancy practices and their clients, a report has found.
Around 30% of respondents to the International Federation of Accountants (IFAC) survey chose burden of regulation and economic uncertainty as the biggest challenge, followed by difficulties in accessing finance.
Similarly, for accountants within small practices, keeping up with new standards and regulations ranked as the top challenge, followed by attracting and retaining clients.
As a whole, pessimism increased since the the previous poll with only 29% of respondents reporting that business was better in 2011 than 2010.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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