Navigating the UK Accounting Landscape with Lucy Cohen: Turning Busy Season Challenges into Growth Opportunities
20 November 2024
Wednesday
2:00pm
1.5 hours
About this webinar:
As accountants brace for yet another taxing busy season, the pressures of increased compliance, rapid digital transformation, and an industry-wide talent shortage continue to mount. Regulatory changes like Making Tax Digital (MTD) and the Economic Crime Bill have added complexity to everyday processes, pushing firms to constantly adapt while still delivering high-quality services. For smaller firms and SMEs, the challenges are even greater, with limited resources and ongoing concerns about cybersecurity, training, and staff burnout. How can firms strike the right balance between meeting new regulatory demands and staying competitive in an increasingly digital world?
The move toward digital solutions, from cloud-based platforms to AI, offers the promise of greater efficiency. However, these tools are not a cure-all, and the question remains: How can firms leverage technology effectively while ensuring human expertise continues to play a vital role in compliance and advisory services? How do we overcome staffing shortages, streamline tax processes, and manage workloads without compromising service quality?
Join our online event, as a panel of experts from IRIS Software Group, MazumaAccountants, HMRC, and Companies House come together for an insightful discussion on how to turn the challenges of busy season into opportunities for growth. This engaging session explores practical solutions for the modern accounting landscape.
Key Takeaways:
Understand how Making Tax Digital and the Economic Crime Bill are reshaping UK accountancy and what it means for your firm.
Learn actionable strategies to overcome staffing shortages and manage workloads during the busiest times.
Discover how to harness automation tools and digital platforms to increase efficiency while maintaining compliance.
Gain insights from industry leaders on balancing technology with human expertise to enhance service offerings.
Explore how you can turn the busy season stress into a strategic advantage for your firm.
Speakers:
Eva Mrazikova
Director of Product Marketing, Accountancy, IRIS Software Group
Steve Cox
Director of Business Intelligence, IRIS Software Group LinkedIn
Lucy Cohen
Co-founder and CEO of Mazuma, Global Top 50 Women in Accounting LinkedIn