Our Scans · (FS.2.01) Accountancy · Weekly Summary

• In 2025, over 90% of accounting firms worldwide are expected to use cloud platforms for bookkeeping and financial reporting. 1Office
• Australia Expands AML Oversight to 80,000 New Businesses Australia's financial intelligence unit, AUSTRAC, has published new AML rules that will bring over 80,000 tranche 2 businesses, including lawyers, accountants, and real estate agents, under its regulation. KYC Global Technologies Limited
• The World Economic Forum's 2025 Future of Jobs Report predicted that accounting, bookkeeping, and payroll clerks would be the seventh fastest declining job in the next five years. Tax & Accounting Blog Posts by Thomson Reuters
• With a projected 40% increase in client growth in 2025 and anticipated surges in tax season, 1-800 Accountant recognized the need to deliver consistently fast, accurate, and personalized support no matter how much it grew or how tax laws changed. / USA Salesforce
• A UK-based SME could use an AI-powered accounting tool to automate its bookkeeping processes. TechSouls
• Beyond traditional bookkeeping and tax compliance, more and more accounting firms will expand their Client Advisory Services in 2025. INAA
• As the repetitive accounting jobs are going to be at stake due to automation, US CMA credential is evolving with competitive adaptations to make a future-proof management accountant who can amalgamate the accounting skill and related technologies to make strategic financial decisions. US CMA| US CIA | US CPA | Blog
• The Internal Revenue Service recently announced that it will begin a pilot program during the 2024 tax season to start preparing and filing Americans' taxes in-house, relieving them of the need to use an accountant or tax preparation software such as TurboTax. Chicago Tribune
• Surveyed organizations predict 26 million fewer jobs by 2027 in Record-Keeping and Administrative roles, including Cashiers and Ticket Clerks; Data Entry, Accounting, Bookkeeping and Payroll Clerks; and Administrative and Executive Secretaries, driven mainly by digitalization and automation. World Economic Forum
• Plate IQ will be offering a Visa virtual card solution to commercial partners across multiple industries including restaurants and hospitality, retail and accounting and bookkeeping, among others. / USA Seeking Alpha
• The outsourced accounting and bookkeeping profession has struggled in recent years, with the Bureau of Labor Statistics projecting a 3% decline over the next decade. Firm of the Future
• The need for bookkeeping and data entry tasks will decrease as accounting automation usage increases. CPA Practice Advisor
• Job openings in for positions that are not as easy to automate, such as accounting, bookkeeping, and auditing, are expected to rise over the next decade. CEOWORLD Magazine
• Technology and software like cloud computing and other automation advances are expected to reduce the demand for bookkeeping, accounting, and auditing clerks by 3% by 2030, resulting in the loss of 48,100 jobs. AccountingWEB
• Customer-led disruption forces the new CX convergence IQ Accountants sees 43% reduction in client response time with Slack Connect Queensland, Australia-based IQ Accountants offers accounting, bookkeeping, tax consultations and business development services to organisations around the world. d34u8crftukxnk.cloudfront.net
• The next few years will be even more important for many professionals - not least chartered accountants and ICAEW - in terms of the reform of audit regulation and oversight. ICAEW
• The Center for Excellence - Inland Empire predicts a 3% increase in Bookkeeping, Accounting, and Auditing Clerks. www.mvc.edu

Last updated: 19 May 2026