In recent years, the Asia-Pacific (APAC) certified public accountant market (CPA) has witnessed significant growth driven by several factors, such as adopting advanced analytical tools and shifting from standard compliance to consultative roles. According to a report by Coherent Market Insights, the APAC market is expected to grow at a compound annual growth (CAGR) of seven per cent by 2025.
One notable trend in the APAC CPA market is cloud-based accounting software, such as QuickBooks, Xero, and MYOB Online. These software solutions enable clients to manage their financial records efficiently while having real-time access to their data. Another market trend is integrating CPA with advanced technologies like artificial intelligence (AI) and machine learning (ML). AI-equipped with human-like intelligence can provide valuable insights into accounting data, while ML can continuously learn from the data sets.
In this edition of Financial Services Review, we showcase the region's top CPA firms in Australia 2023 who aim to provide feasible and effective industrial compliance solutions to clients. Among the featured companies is Mizael Partners, led by Ryan Mizael, the founding director dedicated to delivering cutting-edge CPA solutions on a global scale.
The magazine also features the expert perspectives of Cristian Mazzoleni, chief financial officer, Kiko Milano and Alexander Braham, director of financial planning and analysis at HomeRiver Group. These esteemed professionals share their invaluable insights concerning the developments and challenges within the industry, along with the possible solutions.
We hope these valuable insights from industry leaders featured in this edition will assist you in making informed decisions for your businesses.