Nicholas Benbow on Why Professional Services Are Becoming More Advisory Focused
Nicholas Benbow on Why Professional Services Are Becoming More Advisory Focused Nicholas Benbow has observed a major shift within professional services as accounting firms increasingly move toward advisory-focused business models. While financial reporting and audit functions remain fundamental, clients now expect advisors to provide broader insight related to growth, operational performance, and long-term strategy. Australia’s small and mid-cap business sector continues evolving rapidly as organizations adapt to changing market conditions and technological advancement. Businesses operating within these environments often require guidance that extends beyond traditional accounting support. Nicholas Benbow understands that clients increasingly value professionals who can help interpret financial information within a broader commercial context. The rise of technology has played a significant role in accelerating this transition. AI-driven systems, automation tools, an...