MYOB Accounting Industry Monitor Report

The accounting industry is rapidly evolving. Having been at the forefront of several technology-led evolutions, new research published in this year's industry monitor shows practitioners are ready to embrace this next wave. Driven by agentic AI and rising demand for these skills, most Australian practice owners and managers are prioritising technology innovation and view AI-powered efficiencies as essential. 

 

The MYOB Accounting Industry Monitor uncovered a number of reasons to advocate for a career in accounting, fluctuating across different generations. The opportunity for ongoing skill development holds the strongest appeal with Millennials, while most of Gen Z sees accounting as a stable career with strong demand.

 

“Despite the skills shortages facing practices in Australia, there is every reason for accounting practitioners to be optimistic about the future,” said Dean, MYOB's Chief Customer Officer. “Between the ongoing evolution of the industry and the benefits of a profession that is stable, offers vast opportunities for development, and builds globally transferable skills, the attraction of pursuing a career in accounting remains strong.

 

To read the MYOB Accounting Industry Monitor report in full, please visit here. You can also find a summarised version on our blog, we've published an article here!