Accounting predictions for marketers are what the budget summary email is for accountants. Everyone rushes to get theirs out first and they almost all the same.

Predictions are the new content fodder to grab your attention at the start of year and whilst we dislike content for contents sake we have a few things to say about what’s going to be important in 2020.

So here are our predictions to help you know what to focus on, and what to ignore.

Paul

1. Some add ons will fold/run out of money

2. Compliance holds as 80% of revenue for the majority of small firms

   Professional bodies have a chance to return to relevance.

   Catalyst success to continue

3. The Joint accounting bodies unite together to fight for the return of the accountants exemption. 

4. Conferences change forever (end of Accountech?, last chance for ABE)

5. The amount of business coaches for Accountants will peek out as the market gets sick of them

David

1. . Governance for accounting businesses will increase as more advisory work is done (all types of advisory), some firms are already struggling with PI.

2. The accounting bodies to work closer with members

3. Decade old ideas go mainstream

   1. Moving to cloud

   2. Cloud documentation

   3. Automation and efficiency focus (more than new service lines)

4. People give up on value pricing as being too hard

5. The cutting edge firms will worry less about tech and more about client and staff experience

About Us

From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Change GPS. Proudly sponsored by BGL and The Outsourced Accountant.