Accounting and Financial Management - UK - February 2019
“Ongoing uncertainties surrounding Brexit will continue to impact business and investor confidence, with many companies delaying decisions while they wait for greater economic clarity. These factors are a cause for concern in the accounting and financial management industry as a potential slowdown in business investment and UK economic growth would have a direct effect on demand for accountancy services. Accountants may also see fee pressure as a result.
However, Brexit also presents opportunities for accountants as more clients turn to them for guidance and advice in uncertain times. Potential changes in the legislative environment and tax regulations post-Brexit are likely to lead to an increased reliance on accountants to guide their clients and help them adapt to a changing external environment.”
– Claudia Preedy, B2B Analyst
This Report looks at the following areas:
Audit market set to see further reforms as lack of competition at the top end remains major concern
Accounting firms continue to build on their advisory capabilities and multi-disciplinary skills
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