Damon Anderson, cloud accounting software firm Xero’s director of partner and product, asserts that there is still a place for compliance in the digital world.

Xero has identified that accountants themselves face five big challenges as the profession moves forward, including finding good clients, finding skilled staff, keeping up with apps and tech, making sense of the advisory role and a lack of cloud-based practice tools.

“Technology is changing all industries – people have to adapt,” he says.

Accountancy Age

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