How technology and data are transforming accounting and audit

New technologies have the potential to take over much of the routine compliance work performed by accountants and auditors. How will that affect the accounting profession?

Robotic process automation (RPA), artificial intelligence (AI) and machine learning are harnessing the power of data to transform accounting and audit.

Artificial Intelligence (AI) in accounting will rapidly move from a tool for compliance and towards the delivery of advice while the auditor of the future will use data analytics and much larger sets of information from a wide variety of agencies.

The following collection of articles highlights some of the critical issues for accountants as they respond to the technological changes that are coming.

This article was originally published in IN THE BLACK