Accounting & bookkeeping ‘State of the industry’ report

Get a pulse on the US’s 2023 accounting and bookkeeping landscape. Uncover industry shifts, explore cloud-software benefits, and gather crucial insights to navigate the challenges and opportunities defining today’s advisory world for your practice.

Cover of the State of the Industry report PDF.

Online accounting and growth go hand in hand

Here are some of the key insights from our survey of 728 independent accountants and bookkeepers across the US.

Practice growth showcases industry resilience

75% of practices have increased revenue and 73% have grown profit over the past 12 months.

Advisory services strengthen client trust

41% of practices surveyed offer client advisory services. They added more clients in the last year compared to other practices.

Cloud adoption empowers practices

Practices that use cloud-based software saw higher staff retention (66%) and were more likely to report increased revenue and profit.

Illustration of two people climbing a bar chart

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