Accountants Providing Vital Support to Overwhelmed Business Owners Amid Cost-of-Living Crisis

Accountants are positioned to offer crucial assistance to business owners struggling with the cost-of-living crisis. Data analyst Julia Thomson warns that small businesses in Australia are facing cash flow issues and uncertainty. With factors like rising wages and reduced consumer sentiment adding to the pressure, accountants have a unique opportunity to support overwhelmed clients. The upcoming ACE24 Accounting Conference will address key industry trends, including the impact of changing customer needs and the challenge of a shrinking talent pool in the accounting field.