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From a 15th Century Monk to Cloud Accounting: Why Accounting Day Still Matters in 2025

November 10, 2025

Today (November 10th) is International Accounting Day. While we don’t expect you to throw a party for it, we do think it’s worth a minute of your time, because understanding how far accounting has come helps you see how it can drive your business forward.

Let’s rewind.

In 1494, a Venetian monk named Luca Pacioli published a book that introduced double-entry bookkeeping to the world. It was a total game changer, finally giving merchants a way to track what they owned and owed.

Fast forward to 2025, and accounting has moved from ink and paper to the cloud and beyond.

What’s changed?

Accounting isn’t just about year-end figures and tax returns anymore. It’s about real-time decision-making.

Thanks to HMRC’s Making Tax Digital (MTD), the shift to cloud-based systems has accelerated, and for business owners, that’s actually good news.

You now have access to:

Real-time dashboards: Know your cashflow today, not six months from now
Quarterly updates: Stay on top of your numbers more often, with less stress
Cloud-based clarity: See your financials from anywhere, at any time
Actionable advice: Use insights to make better growth decisions

What hasn’t changed?

Even with all the tech in the world, the core issue remains:

Business owners still need clear, accurate numbers to succeed.

And more than that, you need someone who helps you understand what those numbers are telling you.

That’s where we come in.

In this Business Success Conversation, Michael Carthy is joined by Lucy, Adam, and Edith to talk about how year-round tax planning helps business owners reduce stress, avoid nasty surprises, and make smarter decisions.

Xero Platinum Champion Partners, but more than just tech support

At Carthy, we’re proud to be Xero Platinum Partners. But software alone won’t grow your business.

We help you:

  • Set up systems that actually work for your team
  • Understand what the numbers are telling you (without the jargon)
  • Use your data to make decisions with confidence

So on International Accounting Day…

Take a moment to reflect. When was the last time your numbers helped you move forward, not just tick a box?

If your accounting still feels stuck in the past, or if MTD has become a source of stress rather than a source of insight, maybe it’s time we had a proper chat.

👉 Get in touch with us, and let’s help you get the business you want.

Accounting isn’t just about year-end figures and tax returns anymore. It’s about real-time decision-making.

Get the Business You Want

From monks and ledgers to cloud dashboards and MTD deadlines, accounting has always been about clarity. The tools have changed, but the goal hasn’t.

If you’re ready to move from confusion to clarity, we’re here to help.

📘 Want a clear roadmap? Download our free Business Success Playbook
💬 Want a conversation? Get in touch today

Let’s get the business you want, together.

Get the business you want.
Get in touch using the form below now, call 01785 248939 during office hours and speak to Client Services or email us.
+44 (0) 1785 248939
info@carthyaccountants.co.uk

FOR BUSINESS SUCCESS

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