From traditional to tech-savvy – accounting firms plan increased technology investment over next two years according to Caseware study

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Audit firms struggling to build teams with diverse skill sets that can deliver the audit of the future

TORONTO, Feb. 7, 2024 /PRNewswire/ — Investing in technology is a key priority for accounting firms as they move into 2024, while mitigating the ongoing talent shortage and keeping pace with new laws continue to cause challenges for many within the profession. This is according to findings from the 2024 State of Accounting Firms Trends Report released by Caseware International, a global leader in cloud-enabled audit, financial reporting and data analytics solutions.

Meanwhile, Caseware’s 2024 State of Internal Audit Trends Report highlights the need for technology expertise amid ongoing issues around attracting and retaining top talent.

Caseware explores worldwide perspectives within the accounting and audit professions annually. Both reports are based on extensive surveys of practitioners from around the world that were conducted in late 2023.

State of Accounting Firms Findings

Technology Adoption

Firms are clearly committed to investing in technology, with 77% of…

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