What Are the Biggest Challenges for Accounting Practices in 2025?

Team Nomi

May 26, 2025
3 minutes read

Running an accounting practice in 2025 can be rewarding but also challenging. From finding the right people to keeping up with changing regulations, accounting firms are facing more pressure than ever.

The good news? With the right tools and approach, these challenges can turn into opportunities. So let’s look into the key issues accounting practices face in 2025 and how technology can help solve them.

Talent Acquisition Challenges

A recent survey revealed that finding and retaining great talent was 67% of accounting firms’ biggest challenge.  Today’s professionals want flexibility, meaningful work and modern, digital tools. But many practices are still using outdated systems or rigid processes that can turn top talent away.

To stay competitive, firms need to upgrade their technology and make their workflows faster and more efficient. Cloud-based tools, shared dashboards and smart reporting features help free up time, so your team can focus on higher-value work like client advice.

Technology doesn’t just make work easier. It also helps show your firm is forward-thinking and a great place to work.

Regulatory Compliance Keeps Shifting

From Making Tax Digital to anti-money laundering legislation, compliance is a moving target. For many firms, keeping up with evolving rules is time-consuming and a huge drain on resources.

Tech-enabled platforms can automate much of the heavy lifting by flagging missing data, tracking deadlines and even updating workflows in response to regulatory changes. This kind of smart automation turns regulatory compliance into a process that runs in the background. In short, less stress for your team and better service for your clients.

Remote Work Challenges

Although many firms have adopted hybrid or remote models in recent years, challenges remain. Data access, team collaboration, client communication and workflow consistency all suffer when systems aren’t joined up.

The solution? Integrated, cloud-based systems that support secure, real-time collaboration whether your team is in the office or at home. Platforms that combine document sharing, task management and live updates remove the potential for friction and keep your accounting practice running smoothly. This means that remote work doesn’t have to be disconnected work.

Client Expectations Are Evolving

Clients now expect more than number-crunching. They want real-time insights, faster communication and proactive advice. Static spreadsheets and back-and-forth email threads just won’t cut it in anymore.

Forward-thinking firms are the ones using digital tools to deliver richer, more personalised experiences – from self-service dashboards to automated reports and virtual consultations. These tech-driven touchpoints build trust and nurture long-term client relationships, without adding to your team’s workload.

Turning Challenges into Opportunity

Yes, 2025 brings real challenges. But it also offers a unique chance to modernise and future-proof your accounting practice.

By fully embracing technology that automates the admin, simplifies compliance and supports hybrid teams, accounting firms can not only meet today’s demands but also grow faster, serve better and retain talent longer.

Looking to Evolve Your Accounting Practice in 2025?

Discover how Nomi’s cloud-based solutions can help you tackle talent shortages, compliance headaches and remote work challenges – all while delivering an outstanding client experience.

Book a free trial today.