2022 Hong Kong accounting industry report

Xero’s annual study of the accounting industry in Hong Kong aims to guide accounting practices through the year ahead.

An accountant standing outside smiling, apartment buildings behind them.

Technology and growth go hand in hand

Here are some of the key insights from our survey of 256 independent accountants and bookkeepers across Hong Kong.

Better results using the cloud

Practices with a greater proportion of clients using cloud accounting software tended to capture greater market share.

Same or greater revenue

Accounting practices have withstood the challenges of Covid-19 relatively well, with the same or greater revenue.

Fewer clients lost with the cloud

Practices with a higher proportion of clients using cloud accounting software lost fewer clients and staff.

A hand holds a mobile phone showing business activity data for a cafe.

1.

How the industry is growing

2.

What's driving profitability

3.

The opportunities firms are focusing on

Fill in your details

To receive the report

2020 Hong Kong industry report View the PDF here

2019 Hong Kong industry report View the PDF here

Plans to suit your business

All pricing plans cover the accounting essentials, with room to grow.

Starter

$29

USD per month

Good for sole traders, new businesses, and the self-employed.

Standard

$46

USD per month

Good for growing small businesses.

Premium

$62

USD per month

Good for established businesses of all sizes.

Become a Xero partner

Join the Xero community of accountants and bookkeepers. Collaborate with your peers, support your clients and boost your practice.