AdvanceTrack, the leading provider of outsourced accounting solutions in the United Kingdom for more than 20 years, has released a ground-breaking piece of market research highlighting causes and impacts of the acute shortage of accountants afflicting most of the western world. This research comes at a pivotal moment for governments and businesses worldwide grappling with an increasingly complex political, commercial and financial landscape. The insights will be unveiled at an exclusive breakfast workshop, where industry experts from professional practice, academia and industry bodies will discuss the increasingly urgent talent gap and potential strategies to mitigate its impact.
In conjunction with this pivotal event, AdvanceTrack is excited to formally announce the launch of its business in Australia, further solidifying its commitment to helping firms navigate their ways through these unprecedented challenges. This strategic expansion marks the latest significant milestone in AdvanceTrack's mission to provide robust accounting solutions and support to firms and their clients around the world.
The breakfast workshop to be hosted at Chartered Accountants ANZ in Sydney on Wednesday 21 August 2024, will feature partners, recent university graduates, academics, industry analysts and thought leaders who will delve into the nuances and implications of the research findings. Attendees will gain a deeper understanding of the underlying causes of the accountant shortage, its ramifications on the global economy, and practical approaches for bridging the talent gap in their own firms. The workshop aims to foster a collaborative environment where ideas and solutions can be shared, driving the industry forward collectively toward effective solutions.
“It’s both exciting and daunting to be at the forefront on such an important issue. The whole profession needs to come together with government and academia to solve this – if indeed it can be solved,” said Craig McKell, AdvanceTrack’s General Manager Asia Pacific. “In the meantime, however, firms at the coalface are being smashed - every day. The transactional approach of throwing foreign-located bodies at the problem one at a time like meat to a hungry beast, isn’t sustainable. It’s already breaking down. We need some new thinking and some real answers - and we need them fast.”
For 20 years, AdvanceTrack has been the leading provider of outsourced accounting talent in the UK market. This extensive experience positions the company as a trusted partner for firms seeking high-quality accounting solutions – not just bodies. Additionally, this ground-breaking research was produced in collaboration with Smithink, Australia’s preeminent strategy consulting firm advising the accounting profession.
Join us at the breakfast workshop to learn more about the accountant shortage and how AdvanceTrack in collaboration with its partners including CA ANZ, Xero and thought leaders like Smithink is poised to make a significant impact. For more information and to RSVP, please click here....
Event Link -https://www.eventbrite.com.au/e/gbx-sydney-2024-tickets-943210386657?aff=oddtdtcreator
Research link - https://www.advancetrack.com/talent-au/
