The 2024 US Accounting Industry Report by Wolters Kluwer Tax & Accounting reveals that accounting firms leveraging cloud-based technology experience higher growth levels. The survey of 1,776 tax and accounting firms highlights the industry's shift towards technology adoption, including generative AI and automation. Key priorities for 2024 include revenue growth, client service improvement, and cost reduction. Challenges faced by firms include pricing pressures, technology updates, and talent retention. Wolters Kluwer, a global leader in information services, reported annual revenues of €5.5 billion in 2022, serving customers across 180 countries.

The Wolters Kluwer Tax & Accounting's 2024 US Accounting Industry Report indicates that cloud-based technology solutions drive growth in accounting firms, but many struggle to fully utilize these tools strategically. The industry is evolving with technologies like generative AI and automation reshaping traditional roles, emphasizing advisory services. Key priorities for 2024 include revenue growth, client service enhancement, and cost reduction. Challenges include pricing pressures, technology adoption, legislative changes, and talent retention.

Wolters Kluwer, a global leader in information and software solutions, repurchased 156,129 of its own ordinary shares for €22.7 million between February 29 and March 6, 2024, as part of its share buyback program. The company aims to repurchase shares worth up to €1 billion during 2024. Additionally, a third party will execute €205 million of buybacks on behalf of Wolters Kluwer from February 23 to April 29, 2024. Wolters Kluwer operates in various sectors including healthcare, tax, accounting, financial compliance, legal, regulatory, corporate performance, and ESG, with reported 2023 revenues of €5.6 billion.

Wolters Kluwer's TeamMate+ global audit solution now supports 19 languages, including Greek and Swedish. The company aims to empower auditors globally by providing multi-lingual support and access to ESG reporting standards within the platform.

Wolters Kluwer, a global leader in professional information, software solutions, and services, published its 2023 Annual Report, highlighting financial and non-financial performance, including ESG achievements. The report covers a double materiality assessment, greenhouse gas emissions, and compliance with ESRS guidelines. The Annual General Meeting of Shareholders is scheduled for May 8, 2024, proposing a dividend distribution. Wolters Kluwer reported 2023 annual revenues of €5.6 billion and serves customers in over 180 countries.