Archives For SMPs

Against the backdrop of a changing business landscape, small and medium-sized practices (SMPs) are facing growing pressure from technology, competition and deregulation.

Their top concern is how their practices can evolve in the long term so that they continue to add value to their predominantly small and medium-sized enterprise (SME) clients.

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We recently caught with Paul Tan, a Fellow member of ACCA and Managing Director of CA Trust PAC, an SMP.  He shared his views on how SMPs can adapt to these changes in the business environment.

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ACCA recently released a report entitled ‘The Global SMP business model: understanding a changing profession’ that provides a unique insight into how the SMP business model is changing to adapt to a new reality.

If you are a finance and accounting professional, this report makes for an interesting read because it is the first study to provide a detailed map of the sector’s service offering, its growth prospects and the source and value of its diverse skills across different countries.

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