In a survey of nearly 2,800 tax and accounting professionals from around the world, 93% of respondents said their firms are now providing business advisory services. That’s up from 83% in Wolters Kluwer’s same “Future Ready Accountant” report last year.
In the report, Wolters Kluwer officials said the increase in firms providing advisory services marks a “deliberate evolution” in how they deliver value.
The report also found that firms are apparently turning to data and artificial intelligence tools to bolster their advisory services, with 41% of firms seeing “better-than-expected results from AI in improving client guidance.” See more takeaways.