accounting has had its day!

One of the main reasons for going into accountancy was to make a good living.

After all - no-one enjoys number crunching all day long - let alone how unhealthy it is - sitting down all day staring at a screen.

Fees are on a downward spiral - not that much to be made.

Look at some of the fees on various websites that are now being charged - ive even seen it being offered free.

Automation and law changes will only put a further dent on your potential fees.

Tax avoidance strategies are limited - or those being offered are illeagal

People on here  bang on about networking. Its had its day.  These things are crawling with so called accountants - both online and real networking. Same goes for magazine articles, newspaper articles, advertising etc... - its not worth it.

ALL accountants are struggling nowdays - even the big ones - because opportunities are limted. -- The general public dont like accountants – because there is nothing tangible being offered.

There are opportunities for bookeeping - but what a tedious way to live.

The whole accounting profession is dramatically changing (for the better in my opinion) because the traditional accountant is no longer needed - and the high fees charged are rapidly becoming a thing of the past.

It doesnt matter how many curries you give away, how professional you make yourself look through a website, how many networking events you attend, how you think you are tech savvy by offering cloud (every man and his rabbit will offer it in the end), how much free tax advice you give away (its on the net anyway) - punters are not silly - the profession is doomed.

It used to be first meeting free - now its first set of accounts free - think about it.

The combination of automation(a good thing), government wising up to tax dodges(a good thing), downward fee spiral(a good thing) and every man and his dog offering accountancy services, - will end it all.

Think about it - fixed number of clients - increasing number of self employed accountants = downwrd fees spiral.

Do something you enjoy food, art, music whatever - your living standard will not be much worse AND youll be free and happier.

 

Thnx and Rgds

 

Comments
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Really ?

cymraeg_draig |
cymraeg_draig's picture

Oh Dear!

Richard Willis |
Richard Willis's picture

Bookeeping tedious?

memyself-eye |
memyself-eye's picture

well of course

mr clean |

Times are changing

happy |
happy's picture

Struggling

Simon Martin |

You really are bitter and twisted ....

cymraeg_draig |
cymraeg_draig's picture

Re accountancy sector

peterdell |

CD

Richard Willis |
Richard Willis's picture

@ Richard

andypartridge |

@ Richard and Andy

SteveOH |
SteveOH's picture

Visit to CD

pipper01 |

CD

mr clean |

mr clean

cymraeg_draig |
cymraeg_draig's picture

Now that's what I call accountancy

Guest1 |

Count me in too

nigelburge |
nigelburge's picture

OP

Jason Dormer |
Jason Dormer's picture

Who say's accountancy is boring?

Steve Holloway |
Steve Holloway's picture

Don't see a problem

Ken Howard |

Success

cymraeg_draig |
cymraeg_draig's picture

Still laughing at...

andrew.hyde |

Come on CD - another string to your bow.

SteveOH |
SteveOH's picture

sorry...

Sir Digby Chicken Caesar |
Sir Digby Chicken Caesar's picture

Yes I want to meet C_D too!!!

aadil |

God was a Welshman

cymraeg_draig |
cymraeg_draig's picture

Moving away from the important conversation

peterdell |

The trip to Wales is highly relevant

andypartridge |

the point of the post was

mr clean |

Sad-assed Accountants

thomas34 |

Mr Clean - Your post makes no sense without a context.

Steve Holloway |
Steve Holloway's picture

Short term problem

cymraeg_draig |
cymraeg_draig's picture

Doom and gloom

peterdell |

Where on earth did that come from, CD?

SteveOH |
SteveOH's picture

prediction

mr clean |

Steve

cymraeg_draig |
cymraeg_draig's picture

Hmmm, I think I have to agree

SteveOH |
SteveOH's picture