What are the key trends in accounting?

Businessman using laptop and mobile phone to view graphs on screen.

Here are the most important trends in accounting that are currently gaining in importance both in Switzerland and internationally:

1. automation & artificial intelligence

  • Robotic Process Automation (RPA): Routine activities such as bookings, reconciliations or simple checks are automated.
  • AI-supported analytics: systems recognize patterns, generate reports and forecast risks or liquidity developments.
  • Fewer manual errors, greater efficiency.

2. digitization & cloud accounting

  • More and more companies are relying on cloud-based accounting systems (e.g. Abacus, Bexio, Sage).
  • Real-time access to data is becoming the norm - also for external auditors, trustees and CFOs.
  • Mobile apps and dashboards enable location-independent working and live control.

3. data analytics & business intelligence

  • The focus is shifting from pure reporting to data interpretation and decision support.
  • Controlling and accounting are growing together, especially in SMEs and start-ups.
  • Data literacy is becoming a key qualification for accountants.

4. sustainability reporting (ESG)

  • Companies must increasingly disclose non-financial information (carbon footprint, social & governance data).
  • From 2025, the pressure will increase massively due to EU requirements (CSRD) and Swiss ESG requirements.
  • Accounting is becoming more strategically and regulatory integrated.

5. skills shortage & upskilling

  • We are not just looking for accountants - but accounting professionals with an understanding of IT and analysis.
  • Many companies invest in training and upskilling their finance departments (e.g. in SAP, DATEV, Microsoft Power BI).
  • The job description is also changing: from accountant to business partner.

6 Regulatory changes

  • New accounting standards (e.g. IFRS 18) and local adjustments require ongoing adjustments.
  • Tax accounting is moving more into focus due to OECD minimum tax and new offsetting rules.

Conclusion

Modern accounting is becoming more digital, more analytical, more sustainable - and increasingly requires interdisciplinary skills. If you want to be successful in the industry today, you need to understand technologies and business models as well as figures.

André Batterman / CEO

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Batterman Consulting Basel AG
Executive Search,
Byfangweg 1a, CH-4051 Basel
T +41 58 680 55 55
basel@batterman.ch

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