Codestone

Category: Accounting software

Many more auditing firms could be in a position to invest in accounting software in 2012, if the latest economic figures are anything to go by.

New statistics from the Recruitment and Employment Confederation (REC) show there is plenty to be positive about in the sector this year.

Although a decline in demand for staff was witnessed in December, the Report on Jobs noted this trend has already come to an end and analysts are optimistic about the next 12 months.

Steve Bellamy, managing director of Findlay Cameron and the REC's accounting and financial services executive, said: "We are seeing demand from employers in manufacturing, engineering and professional services where there remains a lack of quality candidates for accounting roles."

One way to overcome a shortage of manpower is to invest in the latest accounting software and allow the technology to take the strain.

A firm potentially set to enjoy a greater portfolio of auditing systems this year is the new company due to be formed when Wipfli LLP and Eide Bailly LLP merge in June.

Posted by Jack Gilbert