{"id":7921,"date":"2020-08-24T10:00:04","date_gmt":"2020-08-24T09:00:04","guid":{"rendered":"https:\/\/www.sage.com\/en-gb\/blog\/?p=7921"},"modified":"2026-01-29T10:11:08","modified_gmt":"2026-01-29T10:11:08","slug":"upskilling-staff-practice-key-areas","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-gb\/blog\/upskilling-staff-practice-key-areas\/","title":{"rendered":"Upskilling staff: 7 key areas for your practice&#8217;s employees to develop"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--has-illustration entry-header--has-illustration--generic\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-gb\/blog\/category\/people-leadership\/\" class=\"entry-header__link\">People &amp; Leadership<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\tUpskilling staff: 7 key areas for your practice&#8217;s employees to develop\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"entry-header__description\">\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2020-08-24T10:00:04+01:00\">24 August, 2020<\/time><\/span><span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"Upskilling staff: 7 key areas for your practice&#8217;s employees to develop\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-gb\/blog\/upskilling-staff-practice-key-areas\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n\t<\/header>\n\n\n\n<div class=\"wp-block-post-author has-dark-background-color alignfull\">\n\t<div class=\"container\">\n\t\t<div class=\"col\">\n\t\t\t\t\t\t\t<div class=\"co-authors\">\n\t\t\t\t\t\n\t\t<div class=\"entry-author-wrapper\">\n\t\t\t<a class=\"entry-author\" href=\"https:\/\/www.sage.com\/en-gb\/blog\/author\/sallypercy\/\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"40\" height=\"40\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2018\/11\/Sally-Percy-350x350.jpg\" class=\"entry-author__image\" alt=\"\" \/>\t\t\t\t<span class=\"entry-author__name\">Sally Percy<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n<p>Upskilling staff is a way for accountancy and bookkeeping practices to gain a competitive advantage in a crowded marketplace. That&#8217;s why it&#8217;s important to provide regular training opportunities to your staff, enabling them to keep their skills up to date.<\/p>\n\n\n\n<p>By investing in ongoing development, you&#8217;ll give your clients better advice and add value to their businesses.<\/p>\n\n\n\n<p>For example, your staff might learn about the latest changes in accounting standards and tax legislation or <a href=\"https:\/\/www.sage.com\/en-gb\/blog\/specialise-in-vat-accountancy-practice\/\">acquire specialist expertise<\/a> \u2013 perhaps in <a href=\"https:\/\/www.gov.uk\/guidance\/corporation-tax-research-and-development-rd-relief\">research and development tax reliefs<\/a>.<\/p>\n\n\n\n<p>You could also win new clients, and generate extra revenue, if you invest in training that enables you to offer additional services such as <a href=\"https:\/\/www.sage.com\/en-gb\/blog\/payroll-services-practice-provide\/\">payroll<\/a>.<\/p>\n\n\n\n<p>As well as helping you to grow your practice, upskilling staff can be a means of enabling your practice to operate more efficiently.<\/p>\n\n\n\n<p>By training your staff to use technological tools, including <a href=\"https:\/\/www.sage.com\/en-gb\/cp\/accountants\/\">cloud accounting software<\/a> and practice management software, you can reduce the amount of time they spend on <a href=\"https:\/\/www.sage.com\/en-gb\/blog\/manual-tasks-accountants-start-automating\/\">manual tasks<\/a> such as sending out invoices and tracking hours spent on a job.<\/p>\n\n\n\n<p>You can also invest in training that helps your staff to collaborate more effectively, so they innovate and come up with new ideas and processes.<\/p>\n\n\n\n<p>Another important benefit of upskilling staff is your practice is more likely to attract and retain high-calibre employees as a result.<\/p>\n\n\n\n<p>LinkedIn&#8217;s <a href=\"https:\/\/learning.linkedin.com\/resources\/workplace-learning-report-2018\">2<\/a><a href=\"https:\/\/learning.linkedin.com\/resources\/workplace-learning-report-2018\">018 Workplace Learning Report<\/a> found that 94% of employees would stay at a company longer if it invested in their career.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"#gate-adbf67e7-f26f-4f58-a954-9e67147b2f85\">Download your free small business toolkit for your clients: a guide, business plan template and cash flow forecast template<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-seven-key-skills-for-your-staff-to-develop\">Seven key skills for your staff to develop<\/h2>\n\n\n\n<p>Development is a huge area \u2013 so many <a href=\"https:\/\/www.sage.com\/en-gb\/accountants\/\">accountants<\/a> and bookkeepers will often focus on acquiring and maintaining the core technical knowledge that&#8217;s relevant to their daily work.<\/p>\n\n\n\n<p>Nevertheless, they can also learn other, more general, skills that will help them to be even more effective at their jobs, serve their clients better and enable the practice to grow.<\/p>\n\n\n\n<p>So, what key skills could your staff develop now? Here are seven to consider.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-1-soft-skills\"><strong>1. Soft skills<\/strong><\/h3>\n\n\n\n<p>As accountants and bookkeepers are generally renowned for their technical expertise, it&#8217;s often their soft skills that set them apart from their competitors.<\/p>\n\n\n\n<p>If your practice has staff members with strong soft skills, they&#8217;ll be effective at building relationships with each other and with your clients.<\/p>\n\n\n\n<p>According to LinkedIn&#8217;s <a href=\"https:\/\/learning.linkedin.com\/resources\/workplace-learning-report\">2020 Workplace Learning Report<\/a>, the most sought-after soft skills are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Creativity<\/li>\n\n\n\n<li>Persuasion<\/li>\n\n\n\n<li>Collaboration<\/li>\n\n\n\n<li>Adaptability<\/li>\n\n\n\n<li>Emotional intelligence.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-2-cloud-accounting\"><strong>2. Cloud accounting<\/strong><\/h3>\n\n\n\n<p>The inexorable rise of cloud accounting continues at pace, but your staff need <a href=\"https:\/\/sageu.com\/access\/su\/home.html\">training<\/a> to get maximum use out of <a href=\"https:\/\/www.sage.com\/en-gb\/sage-business-cloud\/accounting\/\">cloud accounting software<\/a> packages.<\/p>\n\n\n\n<p>As well as enabling them to set up and use the software on a day-to-day basis, training will teach them how to run reports and use other specialist features, improve their productivity and ensure compliance with ever-changing regulation.<\/p>\n\n\n\n<p>As technology is constantly evolving, and software packages are continually being updated, staff need to receive regular updates in addition to the initial training they receive.<\/p>\n\n\n\n<p>This allows them to learn about new functionality and keep up with the latest technological trends.<\/p>\n\n\n\n<div class=\"single-cta\">\n\t<div class=\"single-cta__positioner\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Discover the new Sage Accounting<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p>Try our award-winning accounting software and see why it\u2019s perfect for your small business.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"https:\/\/www.sage.com\/en-gb\/sage-business-cloud\/accounting\/\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\tid=\"cta-id-7829\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tdata-button-location=\"cta_box\"\n\t\t\t\t\t\t\t\t\t\t\t>See plans and pricing<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"355\" height=\"352\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2022\/04\/CTA-dotdash-1x1-1.jpg\" class=\"single-cta__image\" alt=\"Sage graphic illustration\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2022\/04\/CTA-dotdash-1x1-1.jpg 355w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-3-time-management\"><strong>3. Time management<\/strong><\/h3>\n\n\n\n<p>This is a crucial skill for all professionals to develop, but it&#8217;s particularly important for accountants and bookkeepers, who often work long hours and have heavy workloads.<\/p>\n\n\n\n<p>If your staff have good time management skills, they&#8217;re likely to get more done in a shorter time period, enabling them to leave the office promptly at the end of the day and enjoy a healthier work-life balance.<\/p>\n\n\n\n<p>Time management is a crucial component of stress management \u2013 staff members who know how to prioritise and set boundaries are less likely to feel overwhelmed by their to-do list or take time off work due to anxiety.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-4-analytical-reasoning\"><strong>4. Analytical reasoning<\/strong><\/h3>\n\n\n\n<p>Your clients are collecting more data than ever before and they want to know the story behind the numbers.<\/p>\n\n\n\n<p>As a result, they&#8217;ll be looking for support from people who can help them to interpret their data, identify patterns and drive business growth.<\/p>\n\n\n\n<p>By training your staff in analytical reasoning skills, you&#8217;ll be able to support your clients and potentially generate extra revenue from additional consultancy work.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"#gate-adbf67e7-f26f-4f58-a954-9e67147b2f85\">Download your free small business toolkit for your clients: a guide, business plan template and cash flow forecast template<\/a><\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-5-c-ustomer-service\"><strong>5. C<\/strong><strong>ustomer service<\/strong><\/h3>\n\n\n\n<p>Customers&#8217; expectations are evolving all the time as a result of demographic changes \u2013 for example, more millennials starting their own businesses and becoming clients of accountancy firms \u2013 as well as technological advances and other societal trends.<\/p>\n\n\n\n<p>Hence, accountancy and bookkeeping practices that prioritise customer service have an opportunity to develop long-lasting and lucrative relationships with their clients.<\/p>\n\n\n\n<p>Customer service training will help your staff to understand how they can keep your clients happy, solve their problems and turn them into advocates of your practice who will then bring in other clients through word of mouth.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-6-leadership\"><strong>6. Leadership<\/strong><\/h3>\n\n\n\n<p>The notions of &#8216;top down&#8217; and &#8216;command and control&#8217; leadership are now outdated.<\/p>\n\n\n\n<p>Instead, people at all levels of organisational life are increasingly encouraged to be leaders in their own way.<\/p>\n\n\n\n<p>In the context of an accountancy or bookkeeping practice, leadership doesn&#8217;t necessarily mean managing a large team of people. It can mean having specialist knowledge in a particular area, or taking responsibility for organising knowledge-sharing events such as brown bag lunches.<\/p>\n\n\n\n<p>If you invest in your team&#8217;s leadership skills, you&#8217;re likely to benefit from them displaying greater innovation and proactivity.<\/p>\n\n\n\n<p>You should also see them develop their own self-awareness and build stronger relationships with team members.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-7-industry-awareness\"><strong>7. Industry awareness<\/strong><\/h3>\n\n\n\n<p>Accounting and bookkeeping don&#8217;t happen in isolation. They are inextricably intertwined with the broader business landscape, as well as developments in government policy.<\/p>\n\n\n\n<p>So, it&#8217;s crucial that staff in your practice are aware of recent and proposed changes in legislation, government consultations that may lead to legislative changes at a later date, and key announcements from HM Treasury and HMRC.<\/p>\n\n\n\n<p>They also need to understand how changing consumer behaviours and major economic, political or societal events \u2013 such as Brexit or the <a href=\"https:\/\/www.sage.com\/en-gb\/coronavirus\/\">coronavirus<\/a> (COVID-19) pandemic \u2013 could affect the practice and its clients, both today and in the future.<\/p>\n\n\n\n<p>Finally, they should be aware of how emerging technologies such as blockchain, <a href=\"https:\/\/www.sage.com\/en-gb\/blog\/data-entry-challenge-automation\/\">automation<\/a> and <a href=\"https:\/\/www.sage.com\/en-gb\/blog\/artificial-intelligence-will-impact-accountants\/\">artificial intelligence<\/a> are set to transform the accounting and bookkeeping profession, as well as businesses in other sectors.<\/p>\n\n\n\n<p>Your staff can gain industry awareness by reading articles in the business and trade press, joining forums, listening to podcasts and webinars, and doing CPD (continuing professional development) with their professional bodies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-vision-for-the-future\">Vision for the future<\/h2>\n\n\n\n<p>Upskilling staff requires both money and time. So, any learning and development programme should be properly thought through.<\/p>\n\n\n\n<p>A good place to start is with a skills gap assessment.<\/p>\n\n\n\n<p>Which skills does the practice have today and which does it lack? What is its vision for the future and which skills does it need to make that vision a reality?<\/p>\n\n\n\n<p>It&#8217;s also important to consider the needs of both individuals and the practice overall when creating a learning and development programme and deciding how the training budget should be allocated.<\/p>\n\n\n\n<p>Finally, the culture of the practice might need to change to ensure that upskilling is seen not as unnecessary expenditure and an unwanted day out of the office, but rather as a sensible investment that underpins the future of the practice.<\/p>\n\n\n\n<p>As legendary investor Warren Buffett once said: &#8220;The more you learn, the more you earn.&#8221;<\/p>\n\n\n\n<div class=\"single-cta gated-content\">\n\t<div class=\"single-cta__positioner\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Small business toolkit for clients<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p class=\"SAGEBodyText\">Share this free guide, business plan template and cash flow forecast template with your clients to help them run their businesses and achieve their goals.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-adbf67e7-f26f-4f58-a954-9e67147b2f85\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Download your free toolkit<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t<div class=\"single-cta__downloads\">\n\t\t\t\t\t\n\t\t\t\t\t4,088 readers have downloaded this guide\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1214\" height=\"810\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2020\/07\/SageColleaguesManchester_170119-6251-1214x810.jpg\" class=\"single-cta__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2020\/07\/SageColleaguesManchester_170119-6251-1214x810.jpg 1214w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n\n\n\n\n<div class=\"single-cta\">\n\t<div class=\"single-cta__positioner\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Subscribe to the Sage Advice newsletter<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p>Join more than 500,000 UK readers and get the best business admin strategies and tactics, as well as actionable advice to help your company thrive, in your inbox every month.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-b1a63862-3fa0-4a5e-bb67-c76b88bbc6b8\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Subscribe now<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2022\/04\/GettyImages-1073797282-1-1440x810.jpg\" class=\"single-cta__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2022\/04\/GettyImages-1073797282-1-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n<section class=\"more-topics alignfull has-grey-light-background-color wp-block-sage-post-topics\">\n\t<div class=\"container\">\n\t\t<div class=\"row\">\n\t\t\t<div class=\"col col-12 col-lg-4\">\n\t\t\t\t<h3 class=\"more-topics__title h2\">Browse more topics from this article<\/h3>\n\t\t\t<\/div>\n\t\t\t<div class=\"col col-12 col-lg-8\">\n\t\t\t\t<ul class=\"post-tags__list\">\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-gb\/blog\/tag\/employee-retention\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tEmployee retention\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-gb\/blog\/tag\/grow-accounting-practice\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tHow to grow your accounting practice\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n<div class=\"alignfull wp-block-sage-related-posts\">\n\t<section class=\"related-posts card-grid has-dark-background-color\">\n\t<div class=\"container\">\n\t\t\t\t\t<div class=\"row\">\n\t\t\t\t<div class=\"col\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--featured h1\">Explore more wisdom<\/h2>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"row related-posts__featured\">\n\t\t\t\t<div class=\"col card-grid__item\">\n\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-0 post-18238 post type-post status-publish format-standard has-post-thumbnail hentry category-growth-customers tag-accountant-accounting tag-accountant-automation tag-accountant-payroll tag-accountant-tax tag-accountants-online-hub-gb tag-bookkeeping tag-grow-accounting-practice business_type-accountants card-post--is-clickable\"\n>\n\t<div class=\"card-post__media-wrapper\">\n\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1214\" height=\"810\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2024\/10\/BrandShoot-LND_June2024_Financial-Services_0417-1214x810.jpg\" class=\"card-post__image\" alt=\"Working with clients on new plans\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2024\/10\/BrandShoot-LND_June2024_Financial-Services_0417-684x384.jpg 684w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2024\/10\/BrandShoot-LND_June2024_Financial-Services_0417-768x512.jpg 768w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2024\/10\/BrandShoot-LND_June2024_Financial-Services_0417-1214x810.jpg 1214w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\t<\/div>\n\n\t<div class=\"card-post__content\">\n\t\t\t\t\t<div class=\"card-post__label\">Recommended<\/div>\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-03-18T17:01:32+00:00\">18 March, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">8 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h3\">\n\t\t\t\t\t\t\t<a\n\t\t\t\t\tclass=\"card-post__title-link\"\n\t\t\t\t\thref=\"https:\/\/www.sage.com\/en-gb\/blog\/new-tax-year-accountants-bookkeepers\/\"\n\t\t\t\t>\n\t\t\t\n\t\t\tHow accountants and bookkeepers can embrace the new tax year with confidence\n\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/p>\n\n\t\t\n\t\t\t\t\t<p class=\"card-post__description\">\n\t\t\t\tIs your practice set up for success in the 2026\/27 tax year? Here&#8217;s everything you need to do to start the new tax year off right.\t\t\t<\/p>\n\t\t\n\t\t\t<\/div>\n\n\t<\/article>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\n\t\t\t\t\t<div class=\"row related-posts__non-featured\">\n\t\t\t\t<div class=\"col col-12\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--more h4\">More on this Topic<\/h2>\n\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-1 post-22744 post type-post status-publish format-standard has-post-thumbnail hentry category-technology-innovation category-trends-insights tag-accountant-accounting tag-accountant-automation tag-accountant-payroll tag-ai tag-grow-accounting-practice tag-grow-business tag-mtd-accountants tag-mtd-business tag-making-tax-digital-for-income-tax tag-workplace-technology business_type-accountants\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-gb\/blog\/ai-for-accountants-and-bookkeepers\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2025\/06\/A930093-684x384.jpg\" class=\"card-post__image\" alt=\"Chris Downing, Director of accountants and bookkeepers at Sage, presenting at Accountex 2025.\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2025\/06\/A930093-684x384.jpg 684w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2025\/06\/A930093-768x432.jpg 768w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2025\/06\/A930093-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" 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33.144c-.952.517-1.999-.088-1.999-1.155V4.878c0-.533.261-.95.642-1.17.19-.11.411-.171.644-.172\" \/><\/svg>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t<svg role=\"presentation\" aria-hidden=\"true\" focusable=\"false\" width=\"24\" height=\"24\" class=\"card-post__meta-icon svg-icon\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 24 24\"><path d=\"M5.25 3C3.74 3 2.5 4.24 2.5 5.75v12.5C2.5 19.76 3.74 21 5.25 21h14c1.51 0 2.75-1.24 2.75-2.75V5.75C22 4.24 20.76 3 19.25 3zm0 1.5h14c.699 0 1.25.551 1.25 1.25v12.5a1.24 1.24 0 0 1-1.25 1.25h-14A1.24 1.24 0 0 1 4 18.25V5.75c0-.699.551-1.25 1.25-1.25m.25.75a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5H6a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5zm13 0a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5h.5a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5zm-8.25 2.751A1.248 1.248 0 0 0 9 9.251v5.5c0 .442.231.849.613 1.074.389.231.846.237 1.239.021l5.001-2.751c.396-.219.646-.639.646-1.094s-.25-.876-.646-1.095l-.001-.001-5.002-2.751a1.25 1.25 0 0 0-.601-.153zM5.5 8.25a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5H6a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5zm13 0a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5h.5a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5zm-8 1.423L14.731 12 10.5 14.328zm-5 1.577a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5H6a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5zm13 0a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5h.5a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5zm-13 3a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5H6a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5zm13 0a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5h.5a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5zm-13 3a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5H6a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5zm13 0a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5h.5a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5z\" \/><\/svg>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2025-06-05T15:42:15+01:00\">5 June, 2025<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">2 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tInside Sage Future: Agentic AI and the future of High-Performance Finance\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-3 post-22524 post type-post status-publish format-standard has-post-thumbnail hentry category-technology-innovation tag-accountant-accounting tag-accountant-automation tag-accountant-tax tag-bookkeeping tag-business-finances tag-grow-accounting-practice tag-mtd-accountants tag-tax business_type-accountants\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-gb\/blog\/making-tax-digital-for-income-tax-upgrade-practice\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2025\/05\/Accountex-MTD-panel-684x384.jpg\" class=\"card-post__image\" alt=\"Craig Ogilvie (right) and Carrianne Pope (centre) at an MTD panel at Accountex London 2025\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2025\/05\/Accountex-MTD-panel-684x384.jpg 684w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2025\/05\/Accountex-MTD-panel-768x512.jpg 768w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2025\/05\/Accountex-MTD-panel-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2025-05-29T12:05:02+01:00\">29 May, 2025<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">10 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tUse Making Tax Digital for Income Tax to upgrade your practice and meet new rules\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-4 post-22486 post type-post status-publish format-standard has-post-thumbnail hentry category-strategy-legal-operations category-trends-insights tag-accountant-accounting tag-accountant-automation tag-accountant-tax tag-business-finances tag-cash-flow tag-grow-accounting-practice tag-grow-business tag-make-receive-payments tag-midsized-business tag-payments tag-workplace-technology business_type-small-business business_type-medium-sized-business business_type-accountants\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-gb\/blog\/accounts-receivable-turnover-ratio\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2024\/10\/Man-calculating-depreciation-684x384.jpg\" class=\"card-post__image\" alt=\"Man calculating depreciation\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2024\/10\/Man-calculating-depreciation-684x384.jpg 684w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2024\/10\/Man-calculating-depreciation-768x512.jpg 768w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2024\/10\/Man-calculating-depreciation-1214x810.jpg 1214w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2025-05-28T12:32:16+01:00\">28 May, 2025<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">1 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tAccounts receivable turnover ratio: Formula, definition, importance, and examples\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By upskilling staff with crucial skills, accountancy and bookkeeping practices can gain a competitive advantage in a crowded 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